§ 19-7-208 — Authority to receive and expend monies; investments

Wyoming § 19-7-208

• Jurisdiction: Wyoming
• Title 19: Defense Forces and Affairs
• Ch. 7: ADMINISTRATION
• Art. 2: FISCAL PROVISIONS

Text

(a) In addition to the account established in W.S. 19-7-
207, the state treasurer is hereby authorized and directed to
receive and credit to the appropriate account any grant,
donation or bequest that is made to the state of Wyoming or the
military department for the support of any program of the
military department. If the grant, donation or bequest contains
a condition or restriction regarding how it is to be expended it
shall be expended according to the condition or restriction. The
state treasurer shall invest any money received under this
subsection in accordance with law, and the income received
thereon shall be placed at the disposal of the department to use
in carrying out the purposes of the specified program subject to
any conditions or restrictions.
(b) The department shall have the authority:
(i) To receive any gifts, grants, funds, assistance
or other contributions of any kind or character that are
donated, granted or bequeathed to the department or the state of
Wyoming for the support of any program of the department;
(ii) To establish methods whereby voluntary
contributions may be accepted in support of military department
programs. The military department may suggest and solicit
specific contribution amounts;
(iii) To carry out the terms, if any, of any grant,
donation or bequest for the support of any program of the
department, or in the absence of any terms or limitations, to
expend the money or the proceeds of any property received as the
department may deem advisable according to the purposes of the
specified program.
(c) Funds received for the support of any program of the
military department under subsections (a) and (b) of this
section shall be credited to the appropriate account for the
purposes of the specified program and are continuously
appropriated to the military department. The military department
shall only expend funds, proceeds or property received under
this section for the purposes of the program for which the money
or property was provided. Funds received and expended in each
fiscal biennium pursuant to the authority of this section shall
be reported by the military department in its biennial budget
request.