§ 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. 34.1-8-101
through 34.1-8-603;
(iii) Mature at such time or serially at such times
in regular numerical order at annual or other designated
intervals in amounts designated and fixed by the board, but not
exceeding fifty (50) years from their date;
(iv) Bear interest at fixed or variable rates to be
payable at a time or place whether within or without the state
as determined by the board. The board may also enter into
interest rate exchange agreements to properly manage interest
costs with providers with a Standard & Poor's rating of at least
"AA" or an equivalent rating from any other nationally
recognized rating organization;
(v) Be made payable in lawful money of the United
States, at the office of the treasurer of the university or any
commercial bank or commercial banks;
(vi) Be printed at such place as the board may
determine.
(b) Repealed By Laws 2005, ch. 143, § 2.