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2021 Wyoming Statutes
Title 16 - City, County, State and Local Powers
Chapter 6 - Public Property
Article 7 - Construction Contracts With Public Entities
Section 16-6-705 - Custodian for Obligations; Collection of Interest Income-Payable to Contractor.
Universal Citation:
WY Stat § 16-6-705 (2021)
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This media-neutral citation is based
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16-6-705. Custodian for obligations; collection of interest income-payable to contractor.
The public entity or any depository designated by the contractor to serve as custodian for the obligations pursuant to W.S. 16-6-704 shall collect all interest and income when due on obligations so deposited and shall pay them, when and as collected, to the contractor or as otherwise instructed by the contractor. Any expense incurred for this service shall not be charged to the public entity.
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