US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Wyoming Statutes » Title 13 - Banks, Banking and Finance » Chapter 12 - Special Purpose Depository Institutions

Section 13-12-121 – Continuing Jurisdiction.

13-12-121. Continuing jurisdiction. If the charter of a special purpose depository institution is surrendered, suspended or revoked, the institution shall continue to be subject to the provisions of this chapter during any liquidation or conservatorship.

Section 13-12-122 – Failure of Institution; Unsound or Unsafe Condition; Applicability of Other Insolvency and Conservatorship Provisions.

13-12-122. Failure of institution; unsound or unsafe condition; applicability of other insolvency and conservatorship provisions. (a) If the commissioner finds that a special purpose depository institution has failed or is operating in an unsafe or unsound condition, as defined in this section, that has not been remedied within the time prescribed under W.S. 13-4-203 through […]

Section 13-12-123 – Voluntary Dissolution of Special Purpose Depository Institution; Liquidation; Reorganization; Application for Dissolution; Filing Fee; Filing With the Secretary of State; Revocation of Charter.

13-12-123. Voluntary dissolution of special purpose depository institution; liquidation; reorganization; application for dissolution; filing fee; filing with the secretary of state; revocation of charter. (a) A special purpose depository institution may voluntarily dissolve in accordance with the provisions of this section. Voluntary dissolution shall be accomplished by either liquidating the special purpose depository institution or […]

Section 13-12-124 – Failure to Submit Required Report; Fees; Rules.

13-12-124. Failure to submit required report; fees; rules. If a special purpose depository institution fails to submit any report required by this chapter or by rule within the prescribed period, the commissioner may impose and collect a fee for each day the report is overdue, as established by rule.

Section 13-12-125 – Willful Failure to Perform Duties Imposed by Law; Removal.

13-12-125. Willful failure to perform duties imposed by law; removal. (a) Each officer, director, employee or agent of a special purpose depository institution, following written notice from the commissioner, is subject to removal upon order of the commissioner if he knowingly or willfully fails to: (i) Perform any duty required by this act or other […]

Section 13-12-126 – Rules.

13-12-126. Rules. The commissioner shall adopt all rules necessary to implement this chapter, consistent with W.S. 13-12-107.