004-1 Wyo. Code R. §§ 1-3 - Definitions
(a) "Electronic Transfer" means an Automated
Clearing House (ACH) Transfer.
(b)
"Holdback" means an amount up to 10% of the total value of a Pool Participant's
withdrawal.
(c) "Notification Date"
means the date five (5) business days before the Transaction Day on which a
Participant expects to make a Transfer.
(d) "Notification Time" means 5:00 pm
Mountain Time on the Notification Date.
(e) "Pool Administrator" is the Wyoming State
Treasurer.
(f) "Pool Participant"
or "Participant" shall be any county, municipality, school district, joint
powers board or any other local governmental entity.
(g) "Transaction Day" means the day or days
each month that a Participant may make a transaction, which unless otherwise
designated by the Pool Administrator, shall be the twentieth (20th) day of each
month.
(h) "Transfer" means a Pool
Participant's deposit or withdrawal.
(i) "Short-Term Local Investment Pool" or
"Pool" is a common fund with short-term redemption options maintained by the
Pool Administrator consisting of deposits from Pool Participants.
Notes
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