001-2 Wyo. Code R. §§ 2-2 - Wyoming Student Loan Corporation

On January 1^st 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 15^th 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 31^st 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 31^st 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 31^st to the general allocation pool, the Governor may, any time after July 15^th, declare such portion of the WSLC=s allocation expired, and such portion shall revert to the general allocation pool.

Notes

001-2 Wyo. Code R. §§ 2-2