9-2-2304. Wyoming cultural trust fund established; corpus inviolate; investment by state treasurer.
(a) The Wyoming cultural trust fund is created. The Wyoming cultural trust fund shall consist of those funds designated to the fund by law and all monies collected from federal grants and other contributions, grants, gifts, bequests and donations to the cultural trust fund.
(b) The monies deposited into the Wyoming cultural resources trust fund established pursuant to this section are inviolate and constitute a permanent or perpetual trust fund. The monies shall be transmitted to the state treasurer for credit to the trust fund and shall be invested by the state treasurer as authorized by law and in a manner to obtain the highest net return possible consistent with the preservation of the corpus. Any earnings from investment of the corpus of the trust fund shall be credited by the state treasurer into a separate account and distributed in accordance with W.S. 9-2-2307.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Chapter 2 - Agencies, Boards, Commissions and Departments Generally
Article 23 - Wyoming Cultural Trust Fund
Section 9-2-2301 - Short Title.
Section 9-2-2302 - Legislative Declaration.
Section 9-2-2303 - Definitions.
Section 9-2-2305 - Wyoming Cultural Trust Fund Board; Creation; Members.
Section 9-2-2306 - Wyoming Cultural Trust Fund Board; Duties and Responsibilities.
Section 9-2-2307 - Disbursement of Grants From Trust Fund Investment Earnings.