Wyoming § 18-7-205 Additional transfer of funds

Wyoming Statutes

§ 18-7-205 — Additional transfer of funds

Wyoming § 18-7-205

Title 18Counties

Ch. 7LIBRARIES

Art. 2WYOMING PUBLIC LIBRARY ENDOWMENT CHALLENGE PROGRAM

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Bluebook

Wyo. Stat. Ann. § 18-7-205 (2026).

Text

(a)In addition to the transfer of matching funds authorized under W.S. 18-7-204, when the state treasurer determines that the cumulative amount of endowment gifts received by all twenty-three (23) of the public library foundations has reached two million three hundred thousand dollars ($2,300,000.00), the treasurer shall transfer to each of the public libraries, from its separate challenge fund account, the amount of one hundred thousand dollars ($100,000.00) or the amount of the balance remaining in the library's challenge fund account, whichever is less.

(b)A library receiving funds under this section shall immediately transfer the funds to its public library foundation.

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(a) In addition to the transfer of matching funds
authorized under W.S. 18-7-204, when the state treasurer
determines that the cumulative amount of endowment gifts
received by all twenty-three (23) of the public library
foundations has reached two million three hundred thousand
dollars ($2,300,000.00), the treasurer shall transfer to each of
the public libraries, from its separate challenge fund account,
the amount of one hundred thousand dollars ($100,000.00) or the
amount of the balance remaining in the library's challenge fund
account, whichever is less.
(b) A library receiving funds under this section shall
immediately transfer the funds to its public library foundation.