§ 11-34-103 — Powers and duties generally; employees and financial matters; reports to governor

(a) The board shall establish a system of farm loans, and
foreclose or renew any installment payment of the loans as
provided by this act. The board may provide for its office,
necessary furniture, fixtures, stationery and supplies, adopt
rules and regulations proper and necessary for the conduct of
its business and receive and approve applications for farm
loans. All monies received shall be delivered to the state
treasurer to be credited to the funds from which originally
drawn. The board may acquire and dispose of property, real and
personal, as necessary or convenient for the transaction of its
business and accept assignments of interests in any real or
personal property which are taken as additional security or
collateral to preexistent debts or approved loans.
(b) The board shall employ assistants, clerks, appraisers
and other employees as necessary to conduct its business, fix
the fees, costs and charges which shall be credited to the
general fund to cover the expenses of the board in making loans
and define the duties of the officers, agents and employees of
the board. All officers and employees shall be under the
direction and authority of the board in all matters not
inconsistent with this act. The board shall, as required by W.S.
9-2-1014, report to the governor such general information and
recommendations as to the board seem proper. The board shall
exercise all incidental power as necessary to carry out this
act.