§ 11-34-102 — Rural credits; establishment and administration; composition of board; power to sue and be sued; officers

(a) For the purpose of fostering and encouraging
agriculture, dairying and livestock raising in Wyoming and the
development and improvement of farm lands, there is hereby
created and established a system of rural credits to be
administered by the state loan and investment board.
(b) The board of land commissioners is hereby constituted
the state loan and investment board. The board may sue and be
sued in the name of the state loan and investment board in the
courts of this state and in no other jurisdiction on any
mortgage, contract of sale or lease issued by the board. The
governor is president of the board but in his absence from any
meeting one (1) of the members may act as president pro tempore
and preside at meetings. The director of the office of state
lands and investments is the chief executive officer of the
board, and the deputy director of the office of state lands and
investments is deputy chief executive officer.