Section 21-17-436 – Interim Debentures; Bonds for Funding.
21-17-436. Interim debentures; bonds for funding. (a) For the purpose of funding any interim debentures, any bonds pledged as collateral security to secure the payment of interim debentures, upon their surrender as pledged property, may be reissued, and any bonds not previously issued but authorized to be issued by any law for a purpose or […]
Section 21-17-437 – Refunding and Refunding Bonds; Authority to Refund Bonds; Limitation on Refunding; Exchange or Surrender of Bonds Held by State for Purposes of Refunding.
21-17-437. Refunding and refunding bonds; authority to refund bonds; limitation on refunding; exchange or surrender of bonds held by state for purposes of refunding. (a) Any bonds of the board or university payable from any pledged revenues may be refunded by the adoption of a resolution or resolutions by the board and by any trust […]
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 […]
Section 21-17-439 – Refunding and Refunding Bonds; Conditions Under Which Bonds May Be Refunded.
21-17-439. Refunding and refunding bonds; conditions under which bonds may be refunded. (a) No bonds may be refunded hereunder unless they have been outstanding for at least one (1) year from the date of their delivery and unless the holders thereof voluntarily surrender them for exchange or payment. (b) Repealed By Laws 2005, ch. 143, […]
Section 21-17-431 – Rights of Holder Cumulative and Nonexclusive.
21-17-431. Rights of holder cumulative and nonexclusive. No right or remedy conferred upon any holder of any securities or any trustee for the holder or by any proceedings appertaining to the issuance of the securities is exclusive of any right or remedy but each right or remedy is cumulative and in addition to every other […]
Section 21-17-432 – Omission by Security Holder Not to Relieve Board or University of Obligation.
21-17-432. Omission by security holder not to relieve board or university of obligation. The failure of any holder of any securities to proceed as provided by this act shall not relieve the board or the university, or any of their officers, agents and employees of any liability for failure to perform or carry out any […]
Section 21-17-433 – Interim Debentures; Maturity; Use of Proceeds; Funding of Notes or Warrants With Proceeds.
21-17-433. Interim debentures; maturity; use of proceeds; funding of notes or warrants with proceeds. (a) Any interim debentures may mature at such time or times not exceeding a period of time equal to the estimated time needed to effect the purpose or purposes for which they are issued or for which the bonds are authorized […]
Section 21-17-434 – Interim Debentures; Pledges for Security.
21-17-434. Interim debentures; pledges for security. (a) Pledged revenues and other monies, including without limitation proceeds of bonds to be issued or reissued after the issuance of interim debentures, and bonds issued for the purpose of securing the payment of interim debentures, may be pledged for the purpose of securing the payment of interim debentures. […]
Section 21-17-425 – Authority of Board to Employ Experts, Enter Into Contracts for Services Regarding Securities.
21-17-425. Authority of board to employ experts, enter into contracts for services regarding securities. (a) The board may employ legal, fiscal, engineering, and other expert services in connection with any project or otherwise appertaining to the university and the authorization, sale and issuance of bonds and other securities under this act. (b) The board is […]
Section 21-17-426 – Investment of Pledged Revenues.
21-17-426. Investment of pledged revenues. (a) The board may cause to be invested and reinvested any pledged revenues and any proceeds of bonds or other securities issued hereunder in any investments authorized under W.S. 9-4-831 and may cause the revenues, proceeds of securities and investments to be deposited, subject to any limitations appertaining thereto in […]