Wyoming § 17-4-613 Securities enforcement and compliance account;
purposes

Wyoming Statutes

§ 17-4-613 — Securities enforcement and compliance account; purposes

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 4 SECURITIES·Art. 6 ADMINISTRATION AND JUDICIAL REVIEW

(a)There is created the securities enforcement and compliance account. Funds within the account shall only be expended by legislative appropriation. All funds within the account shall be invested by the state treasurer and all investment earnings from the account shall be credited to the general fund.

(b)The secretary of state shall credit sixty percent (60%) of all fees collected by the secretary of state under this act to the general fund and the balance to the securities enforcement and compliance account. Annually, on July 1, monies within the account in excess of three hundred fifty thousand dollars ($350,000.00) in the securities enforcement and compliance account shall be credited to the general fund.

(c)The secretary of state may expend money within the account created in subsec

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(a) There is created the securities enforcement and
compliance account. Funds within the account shall only be
expended by legislative appropriation. All funds within the
account shall be invested by the state treasurer and all
investment earnings from the account shall be credited to the
general fund.
(b) The secretary of state shall credit sixty percent
(60%) of all fees collected by the secretary of state under this
act to the general fund and the balance to the securities
enforcement and compliance account. Annually, on July 1, monies
within the account in excess of three hundred fifty thousand
dollars ($350,000.00) in the securities enforcement and
compliance account shall be credited to the general fund.
(c) The secretary of state may expend money within the
account created in subsection (a) of this section as
appropriated by the legislature to investigate, prosecute and
otherwise ensure compliance with this act and to promote
investor awareness which may include investment and antifraud
publications and seminars.
(d) The secretary of state shall develop separately
identifiable biennial expenditure requests using a base budget,
standard budget and exception budget as provided in W.S.
9-2-1002 through 9-2-1014 for the purposes specified in this
section and from the account created in subsection (a) of this
section.

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