Wyoming Statutes
Article 1 - In General
Section 11-34-101 - Definitions.

11-34-101. Definitions.
(a) As used in this act:
(i) "First mortgage" means first and superior liens on farm lands except as hereinafter provided, the fee simple title to which is in the proposed borrower;
(ii) "Farm land," "farm" and "farms" includes:
(A) Lands used principally for raising agricultural products;
(B) Lands used principally for dairying purposes; and
(C) Lands or ranches used principally for livestock purposes.
(iii) "Board" means the state loan and investment board;
(iv) "This act" means W.S. 11-34-101 through 11-34-203.

Structure Wyoming Statutes

Wyoming Statutes

Title 11 - Agriculture, Livestock and Other Animals

Chapter 34 - State Loan and Investment Board

Article 1 - In General

Section 11-34-101 - Definitions.

Section 11-34-102 - Rural Credits; Establishment and Administration; Composition of Board; Power to Sue and Be Sued; Officers.

Section 11-34-103 - Powers and Duties Generally; Employees and Financial Matters; Reports to Governor.

Section 11-34-104 - Seal; Design.

Section 11-34-105 - Chief Executive Officer; Powers and Duties.

Section 11-34-106 - Legal Advisor.

Section 11-34-107 - Quorum; Loan; Votes Required; Record.

Section 11-34-108 - Loans on Lands Subject to Preexisting Liens; Effect.

Section 11-34-109 - Purposes for Which Loans Authorized.

Section 11-34-110 - Limitations on Borrowers; Due on Sale Clause; Sale of Mortgaged Land.

Section 11-34-111 - Application for Loan; Form; Contents; Priority of Applications.

Section 11-34-112 - Application for Loan; Filing; Appraisal of Land; Consideration of Written Report.

Section 11-34-113 - Terms and Conditions of Loans.

Section 11-34-114 - Limitation on Loans; Percentages of Appraised Value.

Section 11-34-115 - Minimum and Maximum Amount of Loans.

Section 11-34-116 - Agreement to Use Loans for Purposes Specified; Reappraisement and Additional Loan.

Section 11-34-117 - Rates of Interest; Length of Loan; Amount.

Section 11-34-118 - Refinancing Delinquent Loans; Payment of Costs; Additional Fee.

Section 11-34-119 - Ultra Vires Acts of Agent.

Section 11-34-120 - Mortgages Taken by Board; Control and Disposition of Property.

Section 11-34-121 - Mortgagor to Pay for Recording Loan Papers; Title Insurance or Abstract Required; Deposit; Additional Fee.

Section 11-34-122 - Release of Mortgage.

Section 11-34-123 - Foreclosure Proceedings; Duty of Attorney General; Deed in Lieu of Foreclosure.

Section 11-34-124 - Interest on Defaulted Payments and Unpaid Taxes; Agreement to Pay; Insurance Required; Use of Proceeds; Foreclosure Permitted.

Section 11-34-126 - Exemption of Property of Board From Taxation; Exceptions.

Section 11-34-127 - Surety Bonds; Generally.

Section 11-34-128 - Surety Bonds; Payment of Cost.

Section 11-34-129 - Investment of Permanent Funds.

Section 11-34-130 - Trespass Upon Lands Owned by Board Prohibited; Penalties.

Section 11-34-131 - Wyoming Transportation Enterprise Account; Use Thereof.