Section 21-17-441 – Refunding and Refunding Bonds; Funds in Escrow and Trust.
21-17-441. Refunding and refunding bonds; funds in escrow and trust. (a) Any escrow or trust shall not necessarily be limited to proceeds of refunding bonds but may include other monies available for its purpose. (b) Any proceeds in escrow or trust, pending such use, may be invested or reinvested in investments under W.S. 21-17-426. (c) […]
Section 21-17-442 – Refunding and Refunding Bonds; Payment From Pledged Revenues.
21-17-442. Refunding and refunding bonds; payment from pledged revenues. Refunding bonds may be made payable from any pledged revenues which might be legally pledged for the payment of bonds being refunded at the time of the refunding or at the time of the issuance of the bonds being refunded, as the board may determine, notwithstanding […]
Section 21-17-443 – Refunding and Refunding Bonds; Issuance of Refunding or Other Bonds.
21-17-443. Refunding and refunding bonds; issuance of refunding or other bonds. Bonds for refunding and bonds for any other purpose or purposes authorized by any other law may be issued separately or issued in combination in one (1) or more series by the board.
Section 21-17-444 – Refunding and Refunding Bonds; General Provisions as to Bonds Applicable.
21-17-444. Refunding and refunding bonds; general provisions as to bonds applicable. Except as provided in W.S. 21-17-437 through 21-17-443, the relevant provisions elsewhere in this act appertaining generally to the issuance of bonds to defray the cost of any project shall be equally applicable in the authorization and issuance of refunding bonds, including their terms […]
Section 21-17-445 – Determination of Board Final; Exceptions.
21-17-445. Determination of board final; exceptions. The determination of the board that the limitations imposed upon the issuance of refunding bonds or upon the issuance of other securities under this act have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing resolution or […]
Section 21-17-446 – Securities Exempt From State Taxation.
21-17-446. Securities exempt from state taxation. Bonds and other securities issued under this act, their transfer, and the income therefrom, shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.
Section 21-17-447 – Investment of State Funds in Securities Authorized by w.s. 21-17-402 Through 21-17-450.
21-17-447. Investment of state funds in securities authorized by W.S. 21-17-402 through 21-17-450. The state treasurer, with the approval of the governor and the attorney general of the state, on its behalf and in its name, may invest any permanent state funds or other state funds available for investment in any of the bonds or […]
Section 21-17-448 – Securities Authorized Are Legal Investments for Financial Institutions.
21-17-448. Securities authorized are legal investments for financial institutions. (a) Any bank, trust company, banker, savings bank, or institution, any building and loan association, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business, […]
Section 21-17-449 – Scope and General Construction of w.s. 21-17-402 Through 21-17-450.
21-17-449. Scope and general construction of W.S. 21-17-402 through 21-17-450. (a) This act constitutes full authority for the exercise of the incidental powers herein granted concerning the borrowing of money to defray wholly or in part the cost of any project authorized by the legislature appertaining to the university, or to refinance outstanding loans, or […]
Section 21-17-438 – Refunding and Refunding Bonds; Exchange Generally; Sale; Exchange for Escrow Investment.
21-17-438. Refunding and refunding bonds; exchange generally; sale; exchange for escrow investment. (a) Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds being refunded or may be publicly or privately sold. (b) The refunding bonds, or any part thereof, may be exchanged by the board for investments under […]