9-7-111. Community development authority; revenue bonds; disposition of monies received.
Monies received pursuant to the authority of this act, whether as proceeds from the sale of bonds or as revenues, receipts or income, shall be held as trust funds to be applied solely as provided in the proceedings under which the bonds are authorized. The trustee shall hold and apply the monies for the purposes authorized by this act and by the proceedings authorizing the bonds and included in the trust agreement securing the bonds.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Chapter 7 - Community Development, and Science, Technology and Energy, Authorities
Article 1 - Community Development Authority
Section 9-7-101 - Short Title.
Section 9-7-102 - Legislative Findings.
Section 9-7-103 - Definitions.
Section 9-7-105 - Community Development Authority; General Powers and Duties.
Section 9-7-107 - Community Development Authority; Revenue Bonds; Issuance.
Section 9-7-108 - Community Development Authority; Revenue Bonds; Amount Authorized.
Section 9-7-109 - Community Development Authority; Revenue Bonds; Security Therefor.
Section 9-7-111 - Community Development Authority; Revenue Bonds; Disposition of Monies Received.
Section 9-7-112 - Exemptions From Taxation; Exceptions.
Section 9-7-113 - Bonds as Legal Investments.
Section 9-7-114 - State Pledge Not to Impair Bondholder's Rights and Remedies.
Section 9-7-115 - Appointment of Trustee by Bondholders; Powers and Duties Thereof.
Section 9-7-116 - Investment and Management of Funds.
Section 9-7-117 - Assistance by State Agencies.
Section 9-7-118 - Annual Report and Budget.
Section 9-7-119 - Conflicts of Interest.
Section 9-7-120 - Priorities in Commitment of Monies.
Section 9-7-123 - Economic Development Projects; Insurance Fund.
Section 9-7-125 - Subsidiary Corporation; Economic Development Loans.