11-34-103. Powers and duties generally; employees and financial matters; reports to governor.
(a) The board shall establish a system of farm loans, and foreclose or renew any installment payment of the loans as provided by this act. The board may provide for its office, necessary furniture, fixtures, stationery and supplies, adopt rules and regulations proper and necessary for the conduct of its business and receive and approve applications for farm loans. All monies received shall be delivered to the state treasurer to be credited to the funds from which originally drawn. The board may acquire and dispose of property, real and personal, as necessary or convenient for the transaction of its business and accept assignments of interests in any real or personal property which are taken as additional security or collateral to preexistent debts or approved loans.
(b) The board shall employ assistants, clerks, appraisers and other employees as necessary to conduct its business, fix the fees, costs and charges which shall be credited to the general fund to cover the expenses of the board in making loans and define the duties of the officers, agents and employees of the board. All officers and employees shall be under the direction and authority of the board in all matters not inconsistent with this act. The board shall, as required by W.S. 9-2-1014, report to the governor such general information and recommendations as to the board seem proper. The board shall exercise all incidental power as necessary to carry out this act.
Structure Wyoming Statutes
Title 11 - Agriculture, Livestock and Other Animals
Chapter 34 - State Loan and Investment Board
Section 11-34-101 - Definitions.
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 11-34-113 - 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 11-34-117 - 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 11-34-122 - Release of Mortgage.
Section 11-34-123 - Foreclosure Proceedings; Duty of Attorney General; Deed in Lieu of Foreclosure.
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.