Section 21-17-411 – Types of Securities Authorized.
21-17-411. Types of securities authorized. (a) The board may issue in one (1) series or more, without their being authorized at any election, in anticipation of net pledged revenues and constituting special obligations of the board, any one (1) or more or all of the following types of securities: (i) Notes evidencing any amount borrowed […]
Section 21-17-412 – Maturity Dates of Notes and Warrants; Extension or Funding.
21-17-412. Maturity dates of notes and warrants; extension or funding. Notes and warrants may mature at such time or times not exceeding one (1) year from the date of their issuance as the board may determine. They shall not be extended or funded except by the issuance of bonds or interim debentures in compliance with […]
Section 21-17-413 – Temporary Bonds.
21-17-413. Temporary bonds. Each temporary bond shall set forth substantially the same conditions, terms and provisions as the definitive bond for which it is exchanged. Each holder of a temporary bond has all rights and remedies which he would have as a holder of the definitive bonds for which the temporary bond is to be […]
Section 21-17-414 – Resolution Authorizing Issuance of Securities.
21-17-414. Resolution authorizing issuance of securities. The resolution authorizing the issuance of any securities under this act shall describe the purpose or purposes for which they are issued at least in general terms and may describe any purpose in detail.
Section 21-17-415 – General Criteria for Securities.
21-17-415. General criteria for securities. Except as otherwise provided, securities issued under this act shall be (a) in a form, (b) issued in a manner, at, above or below par, at public or private sale, and (c) issued with recitals, terms, covenants, conditions and other provisions, as may be provided by the board in a […]
Section 21-17-416 – Recital in Resolution That Securities Are Issued Pursuant to w.s. 21-17-402 Through 21-17-450; Effect of Recital.
21-17-416. Recital in resolution that securities are issued pursuant to W.S. 21-17-402 through 21-17-450; effect of recital. A resolution providing for the issuance of bonds or other securities under this act or an indenture or other proceedings appertaining thereto may provide that the securities contain a recital that they are issued pursuant to this act, […]
Section 21-17-417 – Conditions Which May Be Imposed by Board; Interest Coupons.
21-17-417. Conditions which may be imposed by board; interest coupons. (a) As the board may determine, bonds and other securities issued under this act except as otherwise provided shall: (i) Be of a convenient denomination or denominations; (ii) Be fully negotiable within the meaning of and for all purposes of the Uniform Commercial Code, W.S. […]
Section 21-17-418 – Board and Officers to Execute Securities; Endorsement by University Treasurer; Facsimile Signatures.
21-17-418. Board and officers to execute securities; endorsement by university treasurer; facsimile signatures. (a) Bonds and other securities issued under this act shall be executed in the name of the board, shall be signed by the chairman of the board, shall be attested by the secretary of the board, shall be countersigned by the treasurer […]
Section 21-17-419 – Redemption Prior to Maturity.
21-17-419. Redemption prior to maturity. The board may provide for the redemption of any or all of the bonds or other securities prior to maturity, in such order, by lot or otherwise, at such time or times, without or with the payment of the premium or premiums not exceeding ten percent (10%) of the principal […]
Section 21-17-409 – Pledge Not to Amend or Repeal w.s. 21-17-402 Through 21-17-450 to Impair Securities.
21-17-409. Pledge not to amend or repeal W.S. 21-17-402 through 21-17-450 to impair securities. The faith of the state is hereby pledged that this act, any law supplemental or otherwise appertaining thereto and any other act concerning the bonds and other securities of the board or the university or the pledged revenues shall not be […]