Wyoming § 21-17-433 Interim debentures; maturity; use of proceeds;
funding of notes or warrants with proceeds

Wyoming Statutes

§ 21-17-433 — Interim debentures; maturity; use of proceeds; funding of notes or warrants with proceeds

Wyoming·Title 21 Education·Ch. 17 UNIVERSITY OF WYOMING·Art. 4 CAPITAL CONSTRUCTION PROJECTS

(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 to be issued, but not exceeding three (3) years from the date of the interim debentures, as the board may determine.

(b)The proceeds of interim debentures shall be used to defray the cost of the project appertaining thereto.

(c)Any notes or warrants may be funded with the proceeds of interim debentures as well as with the proceeds of bonds.

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(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 to be issued, but
not exceeding three (3) years from the date of the interim
debentures, as the board may determine.
(b) The proceeds of interim debentures shall be used to
defray the cost of the project appertaining thereto.
(c) Any notes or warrants may be funded with the proceeds
of interim debentures as well as with the proceeds of bonds.

Wyoming § 21-17-433 (Interim debentures; maturity; use of proceeds; funding of notes or warrants with proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.