Section 9-4-808 - Deposit of State Money in Approved Depositories; Responsibility for Collateral

9-4-808. Deposit of state money in approved depositories; responsibility for collateral. (a) The state of Wyoming, or any political subdivision thereof, which deposits through its treasurer, or other representative, public funds in any designated depository in the state of Wyoming, receiving therefor collateral security, is responsible to the depository for the collateral. (b) In the event of loss of the collateral, the state or any political subdivision thereof, shall repay to the depository the value and accrued interest of the collateral.