004-2 Wyo. Code R. §§ 2-3 - Definitions
(a) "Early Withdrawal" means withdrawal of
funds by the Pool Participant before the next Transaction Day.
(b) "Electronic Transfer" means an Automated
Clearing House (ACH) Transfer.
(c)
"Holdback" means an amount up to 10% of the total value of a Pool Participant's
withdrawal.
(d) "Long-Term Local
Investment Pool" or "Pool" is a common fund with long-term redemption options
maintained by the Pool Administrator consisting of deposits from Pool
Participants.
(e) "Notification
Date" means the date five (5) business days before the Transaction Day on which
a Participant expects to make a Transfer.
(f) "Notification Time" means 5:00 pm
Mountain Time on the Notification Date.
(g) "Pool Administrator" is the Wyoming State
Treasurer.
(h) "Pool Participant"
or "Participant" shall be any county, municipality, school district, joint
powers board or any other local governmental entity.
(i) "Transaction Day" means the day or days
each quarter that a Participant may make a transaction, which unless otherwise
designated by the Pool Administrator, shall be the tenth (10th) day of
February, May, August and November.
(j) "Transfer" means a Pool Participant's
deposit or a withdrawal.
Notes
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