Housing Authority OKs Wyoming CLASS investment pool trust agreement
On March 11, the Jackson/Teton County Housing Authority board unanimously approved the Wyoming CLASS Indenture of Trust, a required step to open an account in the state local-government investment pool.
The Jackson/Teton County Housing Authority board voted unanimously March 11 to approve the Indenture of Trust for Wyoming CLASS, the governing agreement for the Wyoming Cooperative Liquid Assets Securities System (Wyoming CLASS). The motion authorizes staff to open and maintain accounts in the program. See the meeting packet and minutes in the March 11 materials: Regular Board Meeting Agenda Packet (Mar. 11, 2026).
Staff described the indenture as the legal document that sets the rules for how participant public funds are held, invested and safeguarded, including identifying the trustee and spelling out participant rights and responsibilities. The board had previously directed staff (Feb. 4) to open an account with Wyoming CLASS, and the March 11 action was the formal approval needed to do so. Regular Board Meeting Agenda Packet (Mar. 11, 2026).
The Wyoming CLASS indenture frames the program as a local-government investment pool that allows political subdivisions to commingle funds for short-term investments, aiming to “maximize net investment earnings” while maintaining liquidity. The trust document itself is included as an attachment in the March 11 packet: Wyoming CLASS Indenture of Trust (Mar. 11, 2026).
Source Documents
| Date | Title | Type |
|---|---|---|
| March 11, 2026 | Regular Board Meeting Agenda Packet | packet |