004-2 Wyo. Code R. § 2-2
Current through April 27, 2019
The Office of the State Treasurer may invest specified state permanent funds in local government Industrial Development Bonds (hereafter IDBs) in accordance with W.S. 9-4-715(m). Industrial development projects, for which IDB financing is sought, must promote economic development in Wyoming as generally described in W.S. W.S. 9-4-715(m), and as recommended by the Wyoming Business Council and approved by the Governor. The Office of the State Treasurer fully expects that each IDB will provide a return to Wyoming which is equal to or better than the opportunity cost to the state permanent funds. These rules shall further define guidelines for IDB investments authorized pursuant to W.S. W.S. 9-4-715(m).
004-2 Wyo. Code R. § 2-2