15-7-705. Right to purchase.
The franchise granting the privilege to any corporation to construct and maintain waterworks, shall contain the express condition that the city or town has the right to purchase the waterworks and the franchise with all appurtenances, within twenty (20) years from the date of the franchise, upon reasonable terms agreed upon by the contracting parties.
Structure Wyoming Statutes
Chapter 7 - Public Improvements
Article 7 - Waterworks Franchises
Section 15-7-701 - Authority to Construct; Rights of Operator; Limitations; Applicability.
Section 15-7-702 - Supplying Water; Contract; Time Limitation.
Section 15-7-703 - Supplying Water; Charges; Revision; Time Period; Collection.
Section 15-7-704 - Extension of System and Jurisdiction.
Section 15-7-705 - Right to Purchase.
Section 15-7-706 - Right to Appropriate and Condemn.