2019 Wyoming Statutes
Title 14 - Children
Chapter 8 - Wyoming Children's Trust Fund
Section 14-8-106 - Wyoming Children's Trust Fund and Income Account; Creation; Source of Funds.
14-8-106. Wyoming children's trust fund and income account; creation; source of funds.
(a) There is created the Wyoming children's trust fund. The fund shall be administered by the board and shall consist of monies appropriated or designated to the fund by law and all monies collected by the board pursuant to W.S. 14-8-105(a)(v) for credit to the trust fund. Funds deposited within the trust fund are intended to be inviolate and constitute a perpetual trust account. The state treasurer shall invest the account as authorized under W.S. 9-4-715(a), (d) and (e) in a manner to obtain the highest return possible consistent with the preservation of the trust fund corpus.
(b) There is created the Wyoming children's income account. The account shall be administered by the board and shall consist of monies appropriated or designated to the account by law and all monies collected by the board pursuant to W.S. 14-8-105(a)(v) for credit to the income account. The state treasurer shall credit annually to the income account the income earned from investment of the trust fund corpus. All funds in the income account at the end of a biennium shall remain in the account for expenditure as authorized in this article.
