Title 11, Title 11 — Agriculture, Livestock And Other Animals

Quorum; loan; votes required; record. A majority of the board constitutes a quorum. No loan shall be made except upon the affirmative vote of not less than three (3) of the members, and the records of the meeting shall show which members voted to approve the loan.

Loans on lands subject to preexisting liens; effect. The board may loan money on and take as security farm lands subject to liens, charges or assessments for drainage, reclamation or irrigation purposes, payable in installments, not due at the time of making the loan, and the mor…

Purposes for which loans authorized. (a) Loans may be made for the following agriculture related purposes and no other: (i) To provide for the purchase of farm lands; (ii) To provide for the purchase of equipment as defined by the board, fertilizers and livestock necessary for th…

Limitations on borrowers; due on sale clause; sale of mortgaged land. (a) No loan shall be made to any person who is not at the time or shortly to become engaged in the cultivation and development of the farm land mortgaged. (b) Loans shall be made only to qualified Wyoming elect…

Application for loan; form; contents; priority of applications. (a) Every applicant for a loan under this act shall apply on a form prescribed by the board. The applicant shall state the object to which the proceeds of the loan will be applied and shall furnish such other informa…

Application for loan; filing; appraisal of land; consideration of written report. Before any mortgage loan is made by the board, the loan application shall be filed with the director of the office of state lands and investments who shall make, or cause to be made, an appraisal an…

Terms and conditions of loans. (a) The board shall make loans only upon the following terms and conditions: (i) The loan shall be secured by a duly recorded first or second mortgage as approved by the board on the farm lands within this state; (ii) Every mortgage shall contain an…

Limitation on loans; percentages of appraised value. (a) No loan secured by a first mortgage shall exceed seventy percent (70%) of the appraised value of the land with the necessary existing improvements, as ascertained and fixed by the board except as provided by W.S. 11-34-117.…

Minimum and maximum amount of loans. The amount of loans to any one (1) borrower shall not be less than ten thousand dollars ($10,000.00) nor more than one million dollars ($1,000,000.00) if all loans to the borrower are made for the purposes of purchasing farm lands or other pur…

Agreement to use loans for purposes specified; reappraisement and additional loan. (a) Every borrower who is granted a loan under this act shall enter into an agreement with the board that if the whole or any portion of his loan is expended for purposes other than those specified…

Rates of interest; length of loan; amount. (a) The rates of interest on all farm loans shall be equal to the yield on a United States treasury security of the same duration of the loan, whether the money is loaned upon the amortization plan or otherwise. The board may add an addi…

Refinancing delinquent loans; payment of costs; additional fee. The board, whenever it deems necessary for the better protection of permanent funds of the state invested in farm loans, may refinance any delinquent farm mortgage loan and reamortize the loan over not more than thir…

Ultra vires acts of agent. No loan or mortgage securing the loan shall be impaired or invalidated by any act of any agent of the board in excess of his powers.

Mortgages taken by board; control and disposition of property. (a) All mortgages and accompanying promissory note or notes taken by the board for monies loaned shall run to state loan and investment board as mortgagee or payee, and all titles to property taken by the board shall …

Mortgagor to pay for recording loan papers; title insurance or abstract required; deposit; additional fee. The mortgagor shall pay for the recording of his mortgage and other papers connected with the loan which may be required. He shall furnish to the board at his own expense a …

Release of mortgage. When the mortgagor or his successor in interest has fully paid any mortgage, the board shall furnish him with a proper release of the mortgage executed by the president of the board and attested by the director of the office of state lands and investments wit…

Foreclosure proceedings; duty of attorney general; deed in lieu of foreclosure. (a) Any foreclosure of any mortgage provided for by this act shall be made in the usual manner, either by civil action or by advertisement as the board may direct. In cases of foreclosure the attorney…

Interest on defaulted payments and unpaid taxes; agreement to pay; insurance required; use of proceeds; foreclosure permitted. Every borrower shall pay interest on defaulted payments at a rate to be determined by the board not to exceed a ten percent (10%) annual percentage rate.…

Exemption of property of board from taxation; exceptions. (a) Except as otherwise provided by subsection (b) of this section, all mortgages, real estate and other property owned by the board is exempt from all general taxes, state, county and municipal. For the purpose of this ac…

Surety bonds; generally. Whenever a bond or undertaking is required by this act or by the board to be given, it shall be held to mean a surety bond furnished by a surety company authorized and qualified to do business in this state. Such bonds shall run to the state loan and inve…

Surety bonds; payment of cost. The cost of surety bonds provided by this act, furnished by the officers or employees of said board, shall be a part of the general expense of the administration and paid by the board.

Investment of permanent funds. The state treasurer, with the approval of the board, is authorized to invest and keep invested in farm loans a sum not to exceed fifty million dollars ($50,000,000.00) of any state permanent funds available for investment, including loans already ma…

Trespass upon lands owned by board prohibited; penalties. Whoever knowingly and willfully commits a trespass upon lands owned by the board or upon lands mortgaged to the board, either by cutting down or destroying or carrying away any timber or wood standing or growing thereon or…

Wyoming transportation enterprise account; use thereof. (a) The transportation enterprise account is established to be used by the state loan and investment board to finance transportation projects of benefit to the general public as defined in this section. The transportation en…

Authority to issue nonnegotiable debentures; acceptance by treasurer; number; amount; interest; security; terms. (a) The board may issue its nonnegotiable debenture bonds in such numbers and amounts as necessary to be deposited with the state treasurer. The state treasurer shall …

Revenue to be credited to an account; use thereof; disposition of excess. (a) Except as provided by subsection (e) of this section or as otherwise provided by law, the state loan and investment board shall transmit any revenue received to the state treasurer to be credited to a s…

Report to governor; separate statement required. The state loan and investment board shall report to the governor as required by W.S. 9-2-1014, and include a separate statement of all loans obtained from the state treasurer by the issuance of bonds as herein provided, and showing…

Short title; purpose of provisions. (a) This act may be known and cited as "The Wyoming Agricultural Marketing Act of 1961." (b) It is hereby declared to be the purpose of this act to aid agricultural producers in preventing economic waste in the marketing of their agricultural c…

Definitions. (a) As used in this act: (i) "Agricultural commodity" means any horticultural, viticultural and vegetable product, bees or honey, poultry or poultry product, sheep or wool product, either in its natural state or as a processed commodity but does not mean livestock or…

Marketing orders; authority to issue. Subject to the provisions of this act, the board of agriculture may issue marketing orders within this state pertaining to the production, processing, distributing, pricing or handling of agricultural commodities.

Marketing orders; notice and hearing; marketing agreement regulating preparation of commodities. (a) Whenever there is reason to believe that the issuance of a marketing order will tend to effectuate the purpose of this act with respect to any agricultural commodity and upon appl…

Marketing orders; when issued; contents; economic factors to be considered. (a) After notice and hearing, the board shall issue a marketing order if it finds and states in the marketing order that the order will tend to: (i) Reestablish or maintain prices received by producers fo…

Marketing orders; establishment of control committee; composition, appointment and term; reimbursement for expenses; employees; duties. (a) Any marketing order pursuant to this act shall provide for the establishment of a control committee not to exceed seven (7) members to admin…

Marketing orders; referendum for approval or amendment. No marketing order or amendment directly affecting producers is effective until the board determines the issuance of the order is approved and favored by at least two-thirds (2/3) of the producers eligible to participate in …

Marketing orders; hearing to terminate. If the board finds that the termination of any marketing order is requested in writing by more than fifty percent (50%) of the producers engaged within the designated production area in the production for market of the commodity specified i…

Marketing orders; notice of issuance or suspension; when effective. Upon the issuance of any marketing order or any suspension, amendment or termination thereof, a copy of the notice shall be published in the official newspaper of general circulation published in each county of t…

Marketing orders; geographic limitations; total class to be included. Marketing orders may be limited in their application by prescribing the marketing areas or portions of the state in which a particular order is effective. No marketing order shall be issued unless it embraces a…

Budget to cover costs; approval; part of marketing orders; liability for assessment. For the purpose of providing funds to defray the necessary expenses incurred in the administration of this act, the board shall prepare a budget covering the costs, including advertising and sale…

Deposit and disbursement of collected monies; biennial audit required. Any monies collected by the board pursuant to this act shall be deposited in a bank or other depository approved by the state treasurer allocated to each marketing order under which they are collected, and dis…

Assessment deemed personal debt; failure to pay. Any assessment levied in a specified amount determined by the market order pursuant to W.S. 11-35-111 constitutes a personal debt of the person assessed and is due and payable when payment is called for. If the person fails to pay …

Books and records to be kept; information and inspection authorized; confidentiality; exceptions. (a) All processors or handlers subject to any marketing order or agreement issued pursuant to this act shall maintain books and records reflecting their operations under the marketin…

Authority to issue order with terms similar to federal order; duplication of personnel; uniformity in administration. (a) If the board finds that it tends to effectuate the declared purpose of this act within the standards prescribed in this act, the board may issue a marketing o…

Administration and enforcement; penalty for violation; hearing upon complaint; disposition thereof; subsequent prosecution; injunctions. (a) The board is responsible for the administration and enforcement of this act. (b) Every person who violates this act or any provisions of an…

Legislative intent. The legislature intends by this act to provide the cattle industry with authority to establish a self-financed program to help market, develop, maintain and expand in the state, national and foreign markets for beef and beef products produced, processed or man…

Definitions. (a) As used in this act: (i) "Beef" includes veal; (ii) "Beef products" include veal products; (iii) "Board" means the Wyoming livestock board; (iv) "Council" means the Wyoming beef council; (v) Repealed By Laws 2009, Ch. 90, § 3. (vi) "Producer" means any person who…

Establishment; composition; appointment; term; removal; vacancies; reimbursement for expenses. (a) There is created the Wyoming beef council. For administrative purposes the council shall be within the department of agriculture. The council shall be composed of five (5) producers…