Wyo. Code R. 060-0003-1 – Rules of Practice & Procedure Before the Board

RULES AND REGULATIONS STATE LOAN AND INVESTMENT BOARD

These rules are promulgated under the authority granted by W.S. 11-34-103(a).

For purposes of this chapter, the following definitions apply:

(a) Board means the State Loan and Investment Board.
(b) Board matter means a proposed agency action presented to the Board for its approval, disapproval, or other disposition.
(c) Chairman means the presiding officer of a meeting of the Board.
(d) Director means the Director of the Office of State Lands and Investments.

(a) The Board shall meet regularly on the first Thursday of each month and at the call of the President, to consider all matters under its jurisdiction. A regular meeting may be postponed or canceled by the President of the Board.
(b) The Board shall meet regularly on the third Thursday of each January and July to consider applications for Mineral Royalty Grants and Abandoned Mine Land Grants.
(c) Special meetings may be called by the President of the Board upon proper notice to the Director and the other members of the Board in compliance with W.S. 16-4-404 of the Public Meetings Act.
(d) The Governor shall be the President of the Board; or if the Governor is notin attendance, the Secretary of State; or if both the Governor and the Secretary of State are not in attendance, the State Auditor.
(e) Three members of the Board shall constitute a quorum. No board action shall be taken in the absence of a quorum.

(a) The Director shall prepare the agenda for meetings of the Board, compile all board matters to be presented to the Board, and deliver the agenda and board matters to each member of the Board at least days prior to the meeting.
(b) The Chairman may modify the sequence of the agenda at the meeting.

(a) The Director shall prepare a board matter, containing sufficient information to aid the Boards decision, for each agency action to be considered by the Board.
(b) Any member of the Board may instruct the Director to prepare and present a board matter to the Board for its consideration.
(c) All board matters shall contain a recommendation from the Director for Board action unless specifically stated for informational purposes or discussion only.
(d) Any person may request the Director to place an issue on the agenda for consideration by the Board by supplying the Director with all relevant information at least 10 days before the meeting. In the event the Director denies placement of an issue on the Board agenda, a copy of any written request shall be provided to the Board members at the time of the Directors decision.
(e) All Board Matters not stamped confidential shall be made available for public inspection at the time they are distributed to the Board members.

(a) Any interested person may appear before the Board on a matter being considered by the Board.
(b) To preserve the orderly conduct of public business, the President may limit the time and nature of the appearance.

(a) The Director shall request the Attorney General or his designated assistant to attend all meetings of the Board and act as the Boards legal advisor. The Director shall give a copy of all Board Matters to be considered to the Attorney General or his designated assistant at least five days before the meeting.

(a) All applications for farm loans and water development loans shall be held confidential by the Board and its staff until the application is considered by the Board for approval or rejection. Upon approval of a loan, the application shall become a public record, as defined in W.S. 16-4-201.

(a) All forms used by the Office in regard to loans and investments administered by the Office which create a contractual relationship with the Board or an obligation in behalf of the Board and any substantive changes thereof shall be approved by the Board.

(a) Any decision of the Director issued under authority statutorily granted to the Board, may be reviewed by the Board upon receipt of a written request received by the Office.