reglab/housing_qa huggingface dataset:
WY Stat § 13-2-214 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 2 - Chartering|Section 13-2-214 - Decisions by Board Appealable; Grounds.

13-2-214. Decisions by board appealable; grounds.| Any decision of the board in approving or disapproving any charter or the issuance or denial of a certificate of authority is appealable to the district court of the county in which the institution is to be located in accordance with the provisions of the Wyoming Administrative Procedure Act. In addition to the grounds for appeal contained in the Wyoming Administrative Procedure Act, the appellant may appeal if the board or the state banking commissioner fails to make any of the findings required.
WY Stat § 13-2-215 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 2 - Chartering|Section 13-2-215 - Report of Interests in Financial Institutions by State Banking Commissioner and Board Members.

13-2-215. Report of interests in financial institutions by state banking commissioner and board members.| On or before January 10 of each calendar year the state banking commissioner and each member of the board shall submit to the governor a list of all assets and liabilities of any nature that he has in any financial institution in the state of Wyoming or elsewhere. The list shall be certified under oath and a copy shall be furnished to the chairman of the board.
WY Stat § 13-2-301 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-301 - Requirements as to Capital.

13-2-301. Requirements as to capital.| (a) The capital stock of each bank organized under this act shall be subscribed for as fully paid stock. No bank shall organize with a capital stock less than five million dollars ($5,000,000.00).  (b) No bank shall commence business until the full amount of its authorized capital is subscribed and all capital stock is fully paid in. No bank may organize without a paid up surplus fund of at least twenty percent (20%) of its legally authorized capital stock, and undivided profits in sufficient amount for the expense of operation the first year as determined by the state banking commissioner.
WY Stat § 13-2-302 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-302 - Issue of Stock.

13-2-302. Issue of stock.| (a) A bank shall not issue any share of stock until the par value of the share has been actually paid in cash.  (b) Pursuant to appropriate authority granted in its articles of incorporation, a bank may issue any type of capital stock, including nonvoting shares, authorized under title 17 of the Wyoming statutes. Consistent with subsection (c) of this section, the articles of incorporation of a bank may specify any form of shareholder voting rights.  (c) If the articles of incorporation of a bank provide shareholder voting rights that are different than those provided under W.S. 13-2-307, 13-2-308(a), 13-2-309(a), 13-2-402(e), 13-4-101(a) or 13-4-701(b) or (d), the articles of incorporation of the bank shall control, subject to any approval of the commissioner required under those sections.
WY Stat § 13-2-303 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-303 - Increase or Reduction of Capital Stock.

13-2-303. Increase or reduction of capital stock.| Any bank may increase or reduce the capital stock of the bank after receiving the written approval of the state banking commissioner and by the vote of the shareholders owning two-thirds (2/3) of the stock in the bank at a stockholders' meeting called for that purpose.
WY Stat § 13-2-304 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-304 - Transfer of Stock and Other Ownership Interests.

13-2-304. Transfer of stock and other ownership interests.| (a) The shares of stock of banks are personal property and shall be transferred on the books of the bank in such manner as the bylaws may provide. A transfer of stock in a bank is invalid until any impairment of its capital stock has been restored.  (b) Transfers of voting ownership interests of a bank or of a bank holding company shall be reported to the commissioner not less than ten (10) days prior to being made if the transfer:  (i) Equals or exceeds ten percent (10%) of the bank's or the bank holding company's voting ownership interests; or  (ii) Is made to a person owning or controlling ten percent (10%) or more and less than eighty percent (80%) of the bank's or the bank holding company's voting ownership interests.  (c) The state banking commissioner may disapprove any transfer of stock required to be reported if he finds that the transferee:  (i) Repealed by Laws 1993, ch. 115, § 3.  (ii) Has been convicted of a felony; or  (iii) Has been removed from a position as director, officer or employee of a bank or other financial institution pursuant to an order of the state banking commissioner or appropriate federal regulatory authority.
WY Stat § 13-2-305 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-305 - Purchase or Acceptance of Own Capital Stock.

13-2-305. Purchase or acceptance of own capital stock.| A bank shall not accept as collateral or purchase its own capital stock unless the taking of the collateral or purchase is necessary to prevent loss upon a debt previously contracted in good faith. The stock shall be sold by the bank within six (6) months from the date it was received as collateral or acquired by purchase unless the debt is paid in full.
WY Stat § 13-2-306 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-306 - Stock Register; Inspection.

13-2-306. Stock register; inspection.| A bank shall keep a record of shareholders that is open for inspection during business hours to officers, directors and shareholders of the bank. As used in this section, "record of shareholders" means as defined in W.S. 17-16-140(a)(xlix).
WY Stat § 13-2-307 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-307 - Voting by Shareholders Generally; Balloting for Directors.

13-2-307. Voting by shareholders generally; balloting for directors.| (a) Except as otherwise provided by W.S. 13-2-302, each share entitles the owner to one (1) vote on all elections of directors and all other questions submitted at meetings of shareholders. Shareholders may vote by proxies executed in writing but no officer, clerk, teller or bookkeeper of the bank shall act as proxy. The presence in person or by proxy of the owners of at least fifty-one percent (51%) of the issued and outstanding capital stock at any meeting of stockholders constitutes a quorum. No shareholder whose liability to the bank is past due and unpaid shall be allowed to vote.  (b) In balloting for directors each qualified shareholder may vote the number of shares owned by him for as many directors as are to be elected or may cumulate his votes by giving one (1) candidate the number of votes equal to the number of directors to be elected multiplied by the number of his shares and he may distribute his votes cumulatively on the same principle among any number of candidates. The persons having the highest number of votes shall be declared elected as the board of directors for the ensuing corporate year.
WY Stat § 13-2-308 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-308 - Preferred Stock.

13-2-308. Preferred stock.| (a) A bank may issue one (1) or more classes of preferred stock upon the approval of two-thirds (2/3) of the stockholders pursuant to this section and the approval of the state banking commissioner.  (b) Copies of the directors' and stockholders' minutes approving the issuance bearing the approval of the state banking commissioner shall be filed in the office of the secretary of state and treated as an amendment to the articles of incorporation.  (c) At a board of directors' meeting called on not less than one (1) days notice, the directors may adopt a resolution calling for the issuance of preferred shares. The directors shall then call a meeting of the stockholders of the corporation, giving not less than five (5) days notice for the purpose of stockholder approval.  (d) The voting rights and manner of retirement of preferred shares shall be as adopted in the resolution of the stockholders authorizing their issuance subject to the provisions of the articles of incorporation and the approval of the state banking commissioner.  (e) The holders of the preferred stock of the highest class shall be entitled to cumulative dividends of up to six percent (6%) per year before dividends are paid on any other stock. The holders of preferred stock of subsequent classes shall next be entitled to cumulative dividends of up to six percent (6%) in order of preference before dividends are paid to the holders of common stock. In any liquidation no payment shall be made to the holders of common stock until the holders of preferred stock have been paid the full par value of their stock and accumulated dividends in order of preference.  (f) The preferred stock and holders of preferred stock are not liable for assessments to restore impairment of capital or for any liability imposed by law on common stock or the holders of common stock.  (g) No issue of preferred stock is valid until the entire par value of the shares has been paid in cash or until arrangements satisfactory to the state banking commissioner have been made for payment.  (h) The par value of preferred stock shall be included in any determination of required capital under this act.
WY Stat § 13-2-309 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-309 - Issuance of Capital Notes or Debentures; Generally.

13-2-309. Issuance of capital notes or debentures; generally.| (a) A bank may issue, sell or pledge its capital notes or debentures if the bank has first obtained the written or voting approval of the shareholders holding a majority of the shares of the bank and the written approval of the state banking commissioner.  (b) The board of directors shall determine the terms of its capital notes or debentures subject to the provisions of W.S. 13-2-311 and subsection (c) of this section.  (c) The amount of outstanding capital notes or debentures of any bank shall not exceed fifty percent (50%) of the amount of the capital stock and surplus fund of the bank at the date of issue. The periods of maturities with respect to any issue shall not exceed twenty-five (25) years as prescribed by the state banking commissioner. Capital notes and debentures shall be subject to a schedule of prepayments or to an appropriate sinking fund for the amortization of the indebtedness.
WY Stat § 13-2-310 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-310 - Issuance of Capital Notes or Debentures; Approval by State Banking Commissioner.

13-2-310. Issuance of capital notes or debentures; approval by state banking commissioner.| The state banking commissioner may approve the issue of capital notes or debentures by any bank. Applications for approval shall be in writing and contain information which he requests including a full explanation of the need for and proposed use of the funds. The state banking commissioner shall consider whether the issuance would constitute sound banking practice and would be in the best interests of the public, depositors, creditors and stockholders of the bank.
WY Stat § 13-2-311 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-311 - Capital Notes or Debentures; Provisions to Be Stated.

13-2-311. Capital notes or debentures; provisions to be stated.| (a) The following provisions shall be stated in the capital notes or debentures:  (i) That the notes or debentures are an unsecured indebtedness of the bank and subordinate to the claims of creditors and depositors;  (ii) In the event of liquidation of the bank all depositors and creditors are entitled to be paid in full with interest provided by law prior to payment on the notes or debentures;  (iii) No payment will be made on the principal of the notes or debentures unless following the payment the aggregate of the capital, surplus and undivided profits of the bank is at least equal to the amount of the capital, surplus and undivided profits at the date of issue unless otherwise authorized by the state banking commissioner.
WY Stat § 13-2-312 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-312 - Capital Notes or Debentures; Conversion Into Common or Preferred Stock.

13-2-312. Capital notes or debentures; conversion into common or preferred stock.| Capital notes and debentures may be converted into shares of common or preferred stock in accordance with the provisions of the capital notes or debentures. If capital notes or debentures are converted the president or vice-president shall subscribe and verify triplicate originals of a certificate stating the amount of conversion and other information as required by the state banking commissioner. The certificates shall be delivered to and approved by the state banking commissioner who shall file one (1) of the certificates in his office, one (1) in the office of the secretary of state and return one (1) to the subscribing officer of the bank.
WY Stat § 13-2-313 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-313 - Capital Notes or Debentures; No Assessment or Liability.

13-2-313. Capital notes or debentures; no assessment or liability.| Capital notes, debentures and the holders thereof are not subject to any assessment nor are holders of the notes or debentures liable for any debts or contracts of the bank.
WY Stat § 13-2-314 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 3 - Capital Requirements, Stock, Notes and Debentures|Section 13-2-314 - Capital Notes or Debentures; Proceeds Not Part of Capital or Surplus.

13-2-314. Capital notes or debentures; proceeds not part of capital or surplus.| (a) The proceeds from the sale of capital notes or debentures shall not be considered a portion of the capital or surplus of the issuing bank nor treated as meeting any requirements, restrictions or conditions relating to the capital or surplus of a bank.  (b) The proceeds from the sale of notes or debentures issued may not be used to reduce or retire outstanding capital stock or surplus.
WY Stat § 13-2-401 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 4 - Directors|Section 13-2-401 - Authority to Manage Banks; Qualifications.

13-2-401. Authority to manage banks; qualifications.| The affairs of a bank shall be managed by not less than five (5) directors. Shareholders or the board of directors if provided by the articles of incorporation may adopt and amend bylaws for the management of the bank. Each director shall take an oath that he will faithfully and diligently perform the duties of his office and will not violate or knowingly permit the violation of any of the laws of this state relating to the banking business. Within thirty (30) days after being elected or appointed each director of a bank shall sign the oath required by this section on a form prescribed by the commissioner and it shall be part of the record of the meeting and included in the bank's minutes. Within thirty (30) days after initially being elected or appointed each director of a bank shall file with the commissioner a sworn financial statement on a form prescribed by the state banking commissioner.
WY Stat § 13-2-402 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 4 - Directors|Section 13-2-402 - Election; Term; Vacancies; Number.

13-2-402. Election; term; vacancies; number.| (a) The initial and elected directors of any bank shall hold office for one (1) year and until their successors are elected and qualified except in cases of death, resignation or removal under the laws of this state. All elections shall be held annually on a day designated by the directors on or before April 30.  (b) If the annual election of directors is not held at the time designated an election may be held within sixty (60) days thereafter following notice by publication in three (3) consecutive issues of a weekly newspaper printed in the county in which the bank is located, or if no newspaper is printed in the county then in a newspaper of general circulation in the state.  (c) Any director who during his tenure as a director becomes insolvent or makes a general assignment of his property for the benefit of creditors shall vacate his office.  (d) Vacancies which reduce the board to less than five (5) members shall be filled within ninety (90) days of the vacancy by appointment by the remaining directors for the unexpired term. The board shall notify the banking commissioner of any vacancy on the board within thirty (30) days of the vacancy.  (e) Changes in the number of directors shall be authorized by a majority vote of the stockholders to be effective upon expiration of the current corporate year. The change may become effective immediately with the consent of the directors and written notification to the state banking commissioner.
WY Stat § 13-2-403 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 4 - Directors|Section 13-2-403 - Meetings; Record of Proceedings and Business.

13-2-403. Meetings; record of proceedings and business.| (a) The board of directors of a bank shall hold a regular meeting every quarter of the calendar year. At each meeting a detailed report showing every loan and investment in excess of one percent (1%) of the bank's capital and surplus made since the last report and the aggregate liability, direct or contingent, to the bank of each officer and director shall be submitted. The board of directors shall review the report and make it a part of the record of the meeting. The record shall show their approval or disapproval of the report.  (b) A record of the proceedings and business of all meetings shall be included in the bank's minutes. The record shall show the gross earnings of the bank and their disposition by indicating expenses and taxes paid, worthless items charged off, depreciation in assets, amount carried to surplus fund and amount of dividend and amount of undivided profits remaining.
WY Stat § 13-2-404 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 4 - Directors|Section 13-2-404 - Liability.

13-2-404. Liability.| Any director who participates in or consents to any action of a bank in making loans in excess of or contrary to law or regulations shall be liable in his individual capacity for damages proximately sustained by the bank, its stockholders or other persons.
WY Stat § 13-2-701 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 7 - Statewide Branch Banking|Section 13-2-701 - Definitions.

13-2-701. Definitions.| (a) As used in this act:  (i) "Branch" means any manned branch bank, branch office, branch agency, additional office, separate office or any branch or separate place of business operated by a parent bank in this state which offers any or all of the banking services conducted at a parent bank, but excludes a remote electronic terminal as defined in W.S. 13-1-501(a)(v) and loan production offices operated in accordance with W.S. 13-2-709;  (ii) Repealed by Laws 1995, ch. 62, § 2.  (iii) Repealed by Laws 1993, ch. 115, § 3.  (iv) "Parent bank" means a state or national bank which operates or has applied to operate a branch in this state;  (v) "This act" means W.S. 13-2-701 through 13-2-708.
WY Stat § 13-2-703 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 7 - Statewide Branch Banking|Section 13-2-703 - Amendment to Articles of Incorporation.

13-2-703. Amendment to articles of incorporation.| Before opening a branch under this act, the applicant bank shall deliver an amendment to its articles of incorporation reflecting the branch to the commissioner in the same manner provided in W.S. 13-4-102. W.S. 13-4-102 applies to all amendments to articles of incorporation delivered under this section.
WY Stat § 13-2-704 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 7 - Statewide Branch Banking|Section 13-2-704 - Closing of a Branch.

13-2-704. Closing of a branch.| No branch shall be closed unless the parent bank certifies to the commissioner that all persons with an account at that branch have been notified of the date of closure not less than sixty (60) days before the date of closure and that a notice indicating the branch will be closed will be published in a newspaper of general circulation in the county in which the branch is located at least weekly for three (3) consecutive weeks prior to the calendar week in which the date of closure will occur.
WY Stat § 13-2-705 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 7 - Statewide Branch Banking|Section 13-2-705 - Bank Facility Not a Branch.

13-2-705. Bank facility not a branch.| (a) Notwithstanding any other provision of this act, a bank may establish and operate a facility which shall not be considered a branch, but an extension or expansion of an existing parent bank or branch if the facility is:  (i) Within the boundary lines of a single contiguous area of property owned or leased and occupied as a place of business by a parent bank or branch bank, whether or not the facility is physically connected to the bank or place of business; or  (ii) Across a street, alley, railroad right-of-way or thoroughfare from the existing parent bank or branch bank when such facility is physically connected to the bank or place of business by a private, enclosed, secure overhead passageway, underground tunnel or pneumatic tube system; or  (iii) Within one thousand (1,000) yards of the parent bank or branch bank, whether or not such facility is physically connected to the bank or place of business, after being granted prior written approval of the department stating that the facility qualifies for this exemption.
WY Stat § 13-2-706 (2021)
2021 Wyoming Statutes|Title 13 - Banks, Banking and Finance|Chapter 2 - Organization of Banks|Article 7 - Statewide Branch Banking|Section 13-2-706 - No Limits on Authority of Existing Branches and Banks.

13-2-706. No limits on authority of existing branches and banks.| Nothing in this act shall limit the authority of any existing branch or bank operating at the time this act takes effect.