§ 9-4-1104 — Terms and conditions of issuance

(a) Tax and revenue anticipation notes:
(i) Shall be issued in a form consistent with the
provisions of this act;
(ii) Shall describe the fund or account and the
revenue from which the notes are payable;
(iii) Shall bear interest at a rate or rates
determined by the state treasurer to be for the best advantage
of the state and which shall be set forth in the note; and
(iv) May be redeemable or payable prior to maturity
at a time and upon payment of premiums, if any, determined by
the state treasurer to be for the best advantage of the state
and which shall be set forth in the note.
(b) In connection with the issuance of any notes, the
state treasurer may create accounts within any fund as necessary
or convenient for the segregation of note proceeds and
investment income from the notes. In connection with the
issuance of any notes, the state treasurer may make customary
covenants on behalf of the state as necessary to secure the
notes. Tax and revenue anticipation notes issued under W.S.
9-4-1102 and interest coupons pertaining to these notes shall be
executed by the manual or facsimile signature of the state
treasurer. The notes shall set forth provisions made under this
subsection for the note's security.
(c) When there is an issuance of tax and revenue
anticipation notes under W.S. 9-4-1102, the state treasurer
shall determine and specify:
(i) The denomination of each issuance;
(ii) The date of issuance;
(iii) The date of maturity which shall be on or
before the last day of the fiscal year;
(iv) Maturity amounts;
(v) The interest rate;
(vi) The form and execution of the notes;
(vii) Payment of notes;
(viii) Terms of redemption with or without premium;
(ix) Terms of sale including whether the sale will be
public or private;
(x) Such other terms and conditions as the state
treasurer deems necessary or desirable.