054-1 Wyo. Code R. §§ 1-10 - Interest
(a) The Board shall
annually determine an acceptable interest rate on the new loans it issues. This
determination shall be made by June 1st of every
calendar year.
(b) The interest
rate shall be the average prime interest rate plus four percent (4%) computed
by the Board's financial institution in the same manner as specified under
W.S.
39-16-108(b) for determining
the interest rate on delinquent use taxes.
(c) Accrual of interest shall begin upon
scheduled commencement of cash repayment.
Notes
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