Section 21-13-712 – Security for Payment of Bonds.
21-13-712. Security for payment of bonds. The full faith, credit, and all taxable property lying within the school district are solemnly pledged for the payment of the principal and the interest of all bonds issued pursuant to this article.
Section 21-13-713 – Tax Levy.
21-13-713. Tax levy. Subject to W.S. 21-15-105, the board of county commissioners shall cause to be levied annually upon all taxable property of the school district, in addition to other authorized taxes, a sufficient sum to pay the principal and interest on school district bonds as the payments thereon become due. All taxes for the […]
Section 21-13-714 – Payment of Bonds Before Collection of Tax Levy.
21-13-714. Payment of bonds before collection of tax levy. In the event that the tax for the payment of the principal or interest on any bonds issued at any time under the provisions of this article is not levied or collected in time to meet such payment, the principal or interest shall be paid out […]
Section 21-13-715 – County Treasurer to Pay Bonds and Report Payment to Board of Trustees.
21-13-715. County treasurer to pay bonds and report payment to board of trustees. The county treasurer shall pay the principal and interest of any bonds issued under this article by such school district, when the same becomes due, and all amounts so paid must be reported to the school district board of trustees at its […]
Section 21-13-716 – Penalty for Misappropriation of Funds by Trustees.
21-13-716. Penalty for misappropriation of funds by trustees. If any member of the school district board of trustees fraudulently fails or refuses to pay into the proper county treasury the money arising from the sale of any bonds provided for by this article, he shall be deemed guilty of a felony; and upon conviction thereof, […]
Section 21-13-717 – Additional Surety by County Treasurer.
21-13-717. Additional surety by county treasurer. The school district board of trustees shall require the said county treasurer to give said district a separate bond in such sum as said board may deem proper, with two (2) or more sufficient sureties, conditioned upon the faithful performance of the duties required of him by this article, […]
Section 21-13-718 – Bonds Valid Though Signers Cease to Hold Office.
21-13-718. Bonds valid though signers cease to hold office. The bonds and any coupons bearing the signatures of the officers in office at the time of the signing thereof, shall be valid and binding obligations of the school district, notwithstanding that before delivery and/or payment thereof, any or all of the persons whose signatures or […]
Section 21-13-719 – Use of Facsimile Signatures.
21-13-719. Use of facsimile signatures. Any person herein authorized or permitted to sign any bonds or interest coupons, may utilize a facsimile signature in lieu of his manual signature provided that the signature on the certificate required by section 8, article 16, of the constitution shall be manually executed. Such officer may adopt as and […]
Section 21-13-720 – Refunding Bonds.
21-13-720. Refunding bonds. Any bonds heretofore or hereafter issued by a school district of this state may be refunded, without an election, by the district which issued said bonds, or any district which has assumed the obligation of said bonds in the manner and subject to the conditions provided by the General Obligation Public Securities […]
Section 21-13-721 – Validation of Outstanding Bonds, Acts and Proceedings.
21-13-721. Validation of outstanding bonds, acts and proceedings. All bonds of any school district in this state outstanding on the effective date of this article, the right to the payment of which has not been barred by any pertinent statute of limitations, and all acts and proceedings heretofore had or taken, or purportedly had or […]