The resolution authorizing the issuance of any securities under this act shall describe the purpose or purposes for which they are issued at least in general terms and may describe any purpose in detail.
Wyo. Stat. Ann. § 21-17-414
Resolution authorizing issuance of securities
Known as the University Securities Law
The act spans §§ 21–21 (50 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.