001-2 Wyo. Code R. § 2-2

Current through April 27, 2019
Section 2-2 - Wyoming Student Loan Corporation

On January 1st of each calendar year, Wyoming Student Loan Corporation (WSLC) shall receive a set allocation of the state ceiling in the amount of $30,000,000.

(a) On or before July 15th of each calendar year, the WSLC shall file a written report with the Governor. The report shall describe WSLC=s actual and expected bond issuances for the year and shall identify any allocation WSLC anticipates it will not use before December 31st of the reporting year. The report shall demonstrate WSLC=s need to retain the amount of the allocation it does not anticipate using before December 31st of the reporting year.

(b) If the Governor determines that the state and local benefits of tax-exempt financing will be better served by transferring the portion of WSLCs allocation that it does not anticipate using by December 31st to the general allocation pool, the Governor may, any time after July 15th, declare such portion of the WSLC=s allocation expired, and such portion shall revert to the general allocation pool.

001-2 Wyo. Code R. § 2-2