15-8-104. Order of redemption.
If serial bonds are issued the city or town shall redeem them as they become due. If redeemable bonds are issued the city or town, during the last half of the term the bonds have to run, shall redeem annually a portion of the principal equal to a sum produced by taking the whole amount of bonds outstanding and dividing it by the number of years the bonds then have to run.
Structure Wyoming Statutes
Chapter 8 - Funding and Refunding Bonds
Section 15-8-101 - When Authorized; Conditions; Signatures; Sale; Amount Required.
Section 15-8-102 - Register; Contents; Cancellation.
Section 15-8-103 - Tax for Interest and Redemption.
Section 15-8-104 - Order of Redemption.
Section 15-8-105 - Sale or Exchange; Consideration Acceptable; Proceeds; Redemption Notice.