reglab/housing_qa huggingface dataset:
WY Stat § 13-4-102 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-102 - Amendment to Articles of Incorporation.

13-4-102. Amendment to articles of incorporation.| (a) A bank may amend its articles of incorporation pursuant to the requirements of W.S. 17-16-1001 through 17-16-1009. The articles of amendment shall be executed in triplicate with an executive officer executing in the place of the corporate secretary. Notice of the shareholders' meeting to vote on a proposed amendment shall be given as provided by the bylaws of the bank.  (b) Triplicate originals of the articles of amendment shall be delivered to the state banking commissioner together with a fee required for filing documents with the secretary of state. If the state banking commissioner finds that the articles of amendment do not conform to law he shall return them to the corporation. If the state banking commissioner finds that the articles of amendment conform to the law he shall endorse on the articles of amendment his certificate of approval together with the word "filed" and the month, day and year of filing, and he shall file one (1) of the triplicate originals in his office and one (1) in the office of the secretary of state. The state banking commissioner shall issue a certificate of amendment, affix it to the third triplicate original of the articles of amendment and return it to the corporation or its representatives.  (c) Upon the issuance of the certificate of amendment by the state banking commissioner, the amendment is effective and the articles of incorporation shall be amended accordingly.
WY Stat § 13-4-103 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-103 - Cancellation of Charter.

13-4-103. Cancellation of charter.| (a) The charter of any bank organized under this act is forfeited and cancelled in any of the following cases:  (i) Upon completion of a liquidation;  (ii) Merger which makes unnecessary the continued use of the charter of a bank due to the loss of its corporate identity to another banking institution;  (iii) If a regular place of business has not been maintained by any bank for two (2) years.
WY Stat § 13-4-104 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-104 - Merger or Conversion Into State Bank; Branch Banking by Merger or Consolidation; Application Fees.

13-4-104. Merger or conversion into state bank; branch banking by merger or consolidation; application fees.| (a) Upon approval by the state banking commissioner, banks may be merged to result in a state bank or a national bank may convert into a state bank. The action by a national bank is subject to the laws of the United States.  (b) Any state or national bank that consolidates or merges in accordance with subsection (a) of this section may upon the completion of the consolidation or merger retain, operate and maintain the banking houses or offices of the merged or consolidated entities and provide other services or functions as would be permitted had the consolidation or merger not occurred. When a merger or consolidation application from a state bank results in maintaining the merged banking house or office as a branch, the application for merger shall be accompanied by an application fee established by rule and regulation of the state banking commissioner. For each additional bank being merged into the same bank, the application fee shall be increased by an amount established by rule and regulation of the state banking commissioner. All fees shall be deposited by the state banking commissioner with the state treasurer and credited to the financial institutions administration account. Expenditures shall be made from the account by warrants drawn by the state auditor, upon vouchers issued and signed by the director or commissioner. Funds from the account shall be expended only to carry out the duties of the commissioner or the state banking board.  (c) Repealed By Laws 2013, Ch. 24, § 2.
WY Stat § 13-4-106 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-106 - Approval of Merger by Stockholders.

13-4-106. Approval of merger by stockholders.| (a) A merger which is to result in a bank shall be approved by the stockholders of each merging bank by a vote of two-thirds (2/3) of the outstanding voting stock of each class at a meeting called to consider the action which vote shall constitute the adoption of the charter and bylaws of the continuing bank, including the amendments in the merger agreement, as the charter and bylaws of the resulting bank.  (b) Notice of the meeting of the stockholders shall be given by publication in a newspaper of general circulation in the county where the principal office of each merging bank is located, at least once a week for three (3) successive weeks, and by mail, at least fifteen (15) days before the date of the meeting, to each stockholder of record of each merging bank at his address on the books of his bank, who has not waived notice in writing. No notice by publication need be given if written waivers are received from the holders of two-thirds (2/3) of the outstanding shares of each class of voting stock. The notice shall state that dissenting stockholders will be entitled to payment of the value of only those shares which are voted against approval of the plan.
WY Stat § 13-4-107 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-107 - Publication of Merger Notice.

13-4-107. Publication of merger notice.| Upon approval of a merger agreement by the stockholders of each merging bank, the elements of the agreement shall be incorporated in a notice of the proposed merger with the effective date of the merger. The notice shall be published once each week for three (3) successive weeks in a newspaper of general circulation in each of the counties in which the merging banks are located.
WY Stat § 13-4-108 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-108 - When Merger Effective; Certificate of Merger.

13-4-108. When merger effective; certificate of merger.| (a) A merger which is to result in a state bank, unless otherwise specified in the agreement becomes effective upon filing the executed agreement, copies of the resolutions of the stockholders of each merging bank approving it, an affidavit evidencing the publication and a copy of the publication with the state banking commissioner.  (b) The state banking commissioner shall issue in triplicate to the resulting bank a certificate of merger which constitutes a continuing charter specifying the name of each merging bank and the name of the resulting bank. The certificate is conclusive evidence of the merger and of the correctness of all proceedings and shall be filed by the resulting bank in the office of the secretary of state and in the office of the county clerk in each of the counties in which the merging banks were located.
WY Stat § 13-4-110 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-110 - Dissenting Shareholders.

13-4-110. Dissenting shareholders.| (a) The owner of shares of a state bank which were voted against a merger to result in a state bank, or against the conversion of a state bank into a national bank, are entitled to receive their fair market value in cash, if and when the merger or conversion becomes effective, upon written demand, made to the resulting state or national bank at any time within thirty (30) days after the effective date of the merger or conversion accompanied by the surrender of the stock certificates. The value of the shares shall be determined, as of the date of the stockholders' meeting approving the merger or conversion, by three (3) appraisers, one (1) to be selected by the owners of two-thirds (2/3) of the dissenting shares involved, one (1) by the board of directors of the resulting state or national bank, and the third by the two (2) so chosen. The valuation agreed upon by any two (2) appraisers shall govern. If the appraisal is not completed within ninety (90) days after the merger or conversion becomes effective the state banking commissioner shall cause an appraisal to be made.  (b) The expenses of appraisal shall be paid by the resulting bank.  (c) The resulting state or national bank may fix an amount which it considers to be not more than the fair market value of the shares of a merging or the converting bank at the time of the stockholders' meeting approving the merger or conversion, which it will pay dissenting shareholders of the bank entitled to payment in cash. The amount due under the accepted offer or under the appraisal shall constitute a debt of the resulting bank.
WY Stat § 13-4-111 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-111 - Effect of Merger or Conversion.

13-4-111. Effect of merger or conversion.| (a) A resulting bank shall be considered the same entity as each merging bank or as the converting bank with all the property, rights, powers, duties and obligations of each merging bank or the converting bank, except as provided by state law in the case of a resulting state bank or federal law in the case of a resulting national bank and by the charter and bylaws of the resulting bank.  (b) A resulting bank may use the name of any merging bank or of the converting bank.  (c) Any reference to a merging or converting bank in writing is a reference to the resulting bank if not inconsistent with the other provisions of the writing.
WY Stat § 13-4-112 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-112 - Time for Conforming to State Law.

13-4-112. Time for conforming to state law.| If a merging or converting bank has assets which do not conform to the requirements of state law for the resulting bank or carries on business activities which are not permitted for the resulting bank, the state banking commissioner may permit a reasonable time to conform with state law.
WY Stat § 13-4-113 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-113 - Transfer of Assets and Liabilities.

13-4-113. Transfer of assets and liabilities.| (a) A bank which is in the process of consolidating with another bank may transfer its assets and liabilities to the other bank upon written consent of the state banking commissioner.  (b) Without approval by the state banking commissioner assets shall not be carried on the books of the resulting bank at a valuation higher than that on the books of a merging or converting bank at the time of its last examination by a state or national bank examiner before the effective date of the merger or conversion.
WY Stat § 13-4-114 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 1 - Merger, Conversion, Change in Place of Business|Section 13-4-114 - Changing of State to National Bank.

13-4-114. Changing of state to national bank.| (a) A bank may merge with, convert into or reorganize as a national bank. The action to be taken by a merging or converting bank and its rights and liabilities and those of its stockholders shall be the same as those prescribed for national banks except that a vote of the holders of two-thirds (2/3) of each class of voting stock of a state bank is required for the merger or conversion. On conversion, the rights of dissenting stockholders shall be those specified in W.S. 13-4-110.  (b) Upon the completion of the merger or conversion, the franchise of any merging or converting state bank automatically terminates.
WY Stat § 13-4-201 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-201 - Conditions.

13-4-201. Conditions.| (a) A bank is insolvent when any of the following conditions exist:  (i) When the actual cash market value of its assets is less than its liabilities;  (ii) When it fails to make good its reserve as may be required by this act, or the federal reserve board; or  (iii) When it fails to pay, in the manner commonly accepted by business practices including draft or cashier's check, its legal obligations to depositors on demand or to discharge any certificates of deposit, promissory notes or other indebtedness when due.
WY Stat § 13-4-202 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-202 - Transactions Deemed Void.

13-4-202. Transactions deemed void.| (a) The following transactions subsequent to any act of insolvency or in contemplation of insolvency with a view to prevent the application of bank assets in the manner prescribed by this act or with a view to the preference of one creditor over another are void:  (i) All transfers of notes, bonds, bills of exchange or other evidence of debt owing to any bank or of deposits to its credit;  (ii) All assignments of mortgages, securities or real estate or of judgments or decrees in its favor;  (iii) All deposits of money or other valuables for its use or for the use of any of its shareholders or creditors; and  (iv) All payments of money to either shareholders or creditors.
WY Stat § 13-4-203 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-203 - Impairment of Capital; Generally.

13-4-203. Impairment of capital; generally.| (a) If the state banking commissioner has reason to believe that the capital of any bank is impaired he shall examine the bank and ascertain the facts. If he finds an impairment of capital, he shall provide written notice to each director of the bank and require the bank to restore the deficiency within sixty (60) days after the date of the notice. Written notice under this section may be provided by electronic transmission, consistent with W.S. 17-16-141(c).  (b) After the directors of a bank have received written notice to restore a deficiency under subsection (a) of this section, the directors shall, within fifteen (15) days from the date of the notice, levy an assessment upon the common stock of the bank to repair the deficiency. Written notice of the deficiency and the amount of the assessment shall be provided to each shareholder, and may be provided by electronic transmission, consistent with W.S. 17-16-141(c). If any shareholder fails to pay the assessment within thirty (30) days of receiving notice, the directors of the bank may sell the stock of the shareholder to the highest bidder at public auction. Notice of the sale shall be published for ten (10) days in a newspaper of general circulation published in the county where the bank is located and a copy of the notice of sale shall be served on the owner of the stock personally or by mail at his last known address ten (10) days before the day of sale. The stock may be sold at private sale without public notice. Before a private sale an offer in writing shall first be obtained and a copy of the offer served upon the owner of record of the stock either personally or by mailing a copy of the offer to his last known address. If, after service of the offer, the owner still fails to pay the assessment within two (2) weeks from the time of the service of the offer, the directors may accept the private offer or a larger offer. The stock shall not be sold for less than the amount of the assessment and cost of sale. Out of the proceeds of the sale the directors shall pay the assessment and the cost of sale and the balance shall be paid to the person whose stock has been sold. A sale of stock cancels the outstanding certificate evidencing the stock sold. A new certificate shall be issued by the bank to the purchaser.  (c) Repealed by Laws 1991, ch. 135, § 2; ch. 146, § 2.  (d) Repealed by Laws 1991, ch. 135, § 2; ch. 146, § 2.  (e) Repealed by Laws 1991, ch. 135, § 2; ch. 146, § 2.
WY Stat § 13-4-204 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-204 - Impairment of Capital; Reduction of Capital.

13-4-204. Impairment of capital; reduction of capital.| The stockholders of any bank may remove an impairment of capital by reducing the stated capital of the bank if the reductions do not place the capital below the amount required by law to be maintained.
WY Stat § 13-4-205 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-205 - Impairment of Capital; Failure to Restore.

13-4-205. Impairment of capital; failure to restore.| If any board of directors fails to comply with any request to restore an impairment of capital for a period of more than thirty (30) days after a request is made by the state banking commissioner, the bank is conclusively presumed to be insolvent and the state banking commissioner shall immediately take possession of the bank and proceed to liquidate it as provided by law.
WY Stat § 13-4-206 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 2 - Insolvency|Section 13-4-206 - Voluntary Liquidation.

13-4-206. Voluntary liquidation.| By prior notification to the state banking commissioner the board of directors of a bank may place its assets under the control of the state banking commissioner for liquidation.
WY Stat § 13-4-301 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-301 - Notice to State Banking Commissioner.

13-4-301. Notice to state banking commissioner.| No receiver shall be appointed by any court nor shall any assignment for the benefit of creditors be filed in any court within this state for any bank doing business under the laws of this state without notice to the state banking commissioner unless the court finds it necessary to preserve the assets of the bank. The state banking commissioner may take possession of the bank within five (5) days after the service of notice upon him and further proceedings shall cease. The state banking commissioner shall administer the assets of the bank as provided in this act.
WY Stat § 13-4-302 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-302 - Federal Deposit Insurance Corporation as Receiver, Liquidator or Subrogee.

13-4-302. Federal deposit insurance corporation as receiver, liquidator or subrogee.| (a) The state banking commissioner may designate the federal deposit insurance corporation to act without bond as receiver or liquidator of any bank whose deposits are insured by the corporation and which has been closed for the purpose of liquidation without adequate provision being made for the payment of its depositors. The corporation may exercise all the powers of the state banking commissioner in connection with the liquidation of banks.  (b) If any bank closes and the federal deposit insurance corporation pays the insured deposit liabilities of the bank, the corporation is subrogated to all rights against the closed bank of each owner of a claim for deposit to the extent necessary to enable the federal deposit insurance corporation, under federal law, to make insurance payments available to depositors of closed insured banks. The subrogation is limited to the amount paid to each depositor by the federal deposit insurance corporation.
WY Stat § 13-4-303 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-303 - When Bank Taken Possession Of; Resumption of Business.

13-4-303. When bank taken possession of; resumption of business.| (a) After taking possession of any bank, the state banking commissioner shall record a certificate that the bank has been taken over by him with the county clerk of the county in which the bank is located. The certificate is notice that the state banking commissioner has authority to exercise all the powers given him by this act. The state banking commissioner shall record a like certificate in each county in which the bank owns any interest in property. The state banking commissioner shall immediately give written notice to anyone holding assets of the bank.  (b) No one knowing that the state banking commissioner has taken possession of the bank shall have a lien or charge for any liability subsequently incurred against any of the assets of the bank.  (c) The bank may resume business upon such conditions as may be approved by the state banking commissioner. In case of a resumption of business a written notice of the resumption shall be recorded with the same parties with whom notice of taking over was filed and shall act as an absolute release of the first notice and all rights under it.
WY Stat § 13-4-304 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-304 - Application by Bank for Injunction.

13-4-304. Application by bank for injunction.| If any bank deems itself aggrieved by the state banking commissioner taking possession of the bank, it may within ten (10) days after the takeover apply to the district court of the judicial district in which the office of the bank was located to enjoin further proceedings. The court may dismiss the application or enjoin the state banking commissioner from further proceedings and direct him to surrender the business and property to the bank.
WY Stat § 13-4-305 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-305 - Appointment of Deputy Examiners.

13-4-305. Appointment of deputy examiners.| The state banking commissioner may appoint special deputy state banking commissioners as agents to assist him in the duty of liquidation and distribution. A certificate of appointment shall be filed in the office of the county clerk of the county in which the bank was located. The state banking commissioner may require surety for the faithful discharge of their duties.
WY Stat § 13-4-306 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 4 - Reorganization of Banks|Article 3 - Liquidation|Section 13-4-306 - When Bank Permitted to Continue Business.

13-4-306. When bank permitted to continue business.| (a) If the state banking commissioner discovers upon taking possession of a bank that the bank is only temporarily embarrassed for want of available funds and that the bank's assets are sufficient to pay its liabilities leaving its capital unimpaired, or if the stockholders of the bank make good its capital, he may permit the officers and directors of the bank to arrange with the depositors and creditors for resumption of business by the bank.  (b) The bank when permitted to continue business shall pay all expenses of the state banking commissioner in taking charge of the bank and looking after its affairs while under his control including a per diem of ten dollars ($10.00).