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Wyo. Stat. Ann. § 21-17-406

Payment not secured by pledge of university property

Known as the University Securities Law

The act spans §§ 21–21 (50 sections).

The payment of securities shall not be secured by an encumbrance, mortgage, or other pledge of property of the board except for pledged revenues. No property of the board except pledged revenues is liable to be forfeited or taken in payment of securities.

Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.