Wyoming § 9-12-305 Economic development enterprise fund account;
deposits; continuous appropriation; loans

Wyoming Statutes

§ 9-12-305 — Economic development enterprise fund account; deposits; continuous appropriation; loans

Wyoming·Title 09 Administration of the Government·Ch. 12 WYOMING ECONOMIC DEVELOPMENT ACT·Art. 3 WYOMING PARTNERSHIP CHALLENGE LOAN PROGRAM

Except for fees deposited in accordance with W.S. 9-12-302(b),
all repayments of principal and interest to the state in
connection with loans made under this article and other funds as
appropriated by the legislature for the challenge loan program
shall be deposited into the economic development enterprise
account within the revolving investment fund. All funds in the
account may be used for and are continuously appropriated for
loans authorized to be made under this article. Funds within the
account may also be transferred upon direction of the governor
to the large project account within the revolving investment
fund if required to meet loans or loan guarantees approved under
W.S. 9-12-308. The total principal balance of outstanding loans
shall not exceed the amounts appropriated by the 

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Except for fees deposited in accordance with W.S. 9-12-302(b),
all repayments of principal and interest to the state in
connection with loans made under this article and other funds as
appropriated by the legislature for the challenge loan program
shall be deposited into the economic development enterprise
account within the revolving investment fund. All funds in the
account may be used for and are continuously appropriated for
loans authorized to be made under this article. Funds within the
account may also be transferred upon direction of the governor
to the large project account within the revolving investment
fund if required to meet loans or loan guarantees approved under
W.S. 9-12-308. The total principal balance of outstanding loans
shall not exceed the amounts appropriated by the legislature
plus interest accrued and collected less any losses of loan
principal or interest.

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