reglab/housing_qa huggingface dataset:
WY Stat § 40-22-114 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-114 - Changes in Control of a Licensee.

40-22-114. Changes in control of a licensee.| (a) A licensee shall give the commissioner written notice of a proposed change of control within fifteen (15) business days after learning of the proposed change of control.  (b) The commissioner may require the licensee to provide additional information concerning the proposed persons in control of the licensee. The additional information shall be limited to the same types required of the licensee or persons in control of the licensee as part of its original license or renewal application.  (c) The licensee shall reapply and submit the required fees established by rule, not to exceed three thousand dollars ($3,000.00) for a new license upon a change in the control of the licensee as determined by the commissioner. The license is not transferable nor assignable to the new persons in control of the licensee. Any fee charged and collected under this section by the commissioner shall be in accordance with W.S. 13-1-603(d) through (f).  (d) The following persons are exempt from the requirements of subsections (a) through (c) of this section, but the licensee shall notify the commissioner of a change of control:  (i) A person that acts as a proxy for the sole purpose of voting at a designated meeting of the security holders or holders of voting interests of a licensee or person in control of a licensee;  (ii) A person that acquires control of a licensee by devise or descent;  (iii) A person that acquires control as a personal representative, custodian, guardian, conservator, or trustee, or as an officer appointed by a court of competent jurisdiction or by operation of law; and  (iv) A person that the commissioner by rule or order exempts in the public interest.  (e) Subsection (a) of this section does not apply to public offerings of securities.  (f) Before filing a request for approval to acquire control, a person may request in writing a determination from the commissioner as to whether the person would be considered a person in control of a licensee upon consummation of a proposed transaction. If the commissioner determines that the person would not be a person in control of a licensee, the commissioner shall enter an order to that effect and the proposed person and transaction is not subject to the requirements of subsections (a) through (c) of this section.
WY Stat § 40-22-115 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-115 - Examinations.

40-22-115. Examinations.| (a) The commissioner may conduct examinations of persons licensed under this act at intervals he deems necessary to determine whether violations of this act and other applicable laws, rules and regulations pertaining to money transmissions are occurring and the frequency and seriousness of the violations.  (b) Each licensee or person subject to examination or investigation under this act shall pay to the commissioner an amount assessed by the commissioner to cover the direct cost of examinations or investigations conducted pursuant to this section.
WY Stat § 40-22-116 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-116 - Maintenance of Records.

40-22-116. Maintenance of records.| (a) Each licensee shall make, keep and preserve the following books, accounts and other records for a period of five (5) years and these records shall be open to inspection by the commissioner:  (i) A record of each payment instrument;  (ii) A general ledger, posted at least monthly, containing all assets, liability, capital, income and expense accounts;  (iii) Bank statements and bank reconciliation records;  (iv) Outstanding payment instruments;  (v) Records of each payment instrument paid;  (vi) A list of the names and addresses of all authorized delegates and subdelegates; and  (vii) Any other records the commissioner reasonably requires by rule.  (b) The records required under this section may be maintained in photographic, electronic or other similar form.  (c) Records may be maintained at a location other than within this state so long as they are made accessible to the commissioner upon seven (7) business days written notice.
WY Stat § 40-22-117 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-117 - Confidentiality of Records; Exception.

40-22-117. Confidentiality of records; exception.| (a) Except as provided in subsection (b) of this section, all information or reports obtained by the commissioner from an applicant, licensee or authorized delegate or subdelegate are confidential.  (b) The commissioner may disclose confidential information to officials and examiners in other states or to federal regulatory authorities or to appropriate prosecuting attorneys.  (c) This section does not prohibit the commissioner from disclosing to the public a list of persons licensed under this act or the aggregated financial data on those licensees.
WY Stat § 40-22-118 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-118 - Authorized Delegate Contracts.

40-22-118. Authorized delegate contracts.| (a) A licensee shall designate an authorized delegate by express written contract including the following:  (i) That the licensee appoints the person as its delegate with authority to engage in money transmission on behalf of the licensee;  (ii) That an authorized delegate may not authorize subdelegates without the written consent of the commissioner; and  (iii) That authorized delegates are subject to supervision and regulation by the commissioner.
WY Stat § 40-22-119 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-119 - Authorized Delegate and Subdelegate Conduct.

40-22-119. Authorized delegate and subdelegate conduct.| (a) An authorized delegate or subdelegate shall not make any fraudulent or false statement or misrepresentation to a licensee or to the commissioner.  (b) All money transmission activities conducted by an authorized delegate or subdelegate shall be in strict accord with the licensee's written procedures provided to the authorized delegate and subdelegate.  (c) An authorized delegate shall remit all money owing to the licensee in accordance with the terms of the contract between the licensee and the authorized delegate.  (d) An authorized delegate and subdelegate are deemed to consent to the commissioner's inspection with or without prior notice to the licensee, authorized delegate or subdelegate pursuant to W.S. 40-22-115.  (e) A subdelegate shall remit all money owing to the authorized delegate or licensee in accordance with the terms of the contract between the authorized delegate and the subdelegate.  (f) An authorized delegate shall not enter into contracts with subdelegates without the consent of the licensee and the commissioner.
WY Stat § 40-22-120 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-120 - License Suspension or Revocation.

40-22-120. License suspension or revocation.| (a) The commissioner may suspend or revoke a licensee's license if the commissioner finds that:  (i) Any fact or condition exists that, if it had existed at the time when the licensee applied for its license, would have been grounds for denying the application;  (ii) The licensee's net worth becomes inadequate and the licensee after ten (10) business days written notice from the commissioner, fails to remedy the deficiency;  (iii) The licensee knowingly violates any material provision of this act or any rule or order validly promulgated by the commissioner;  (iv) The licensee is conducting its business in an unsafe or unsound manner;  (v) The licensee is insolvent;  (vi) The licensee has suspended payment of its obligations, has made an assignment for the benefit of its creditors or has admitted in writing its inability to pay its debts as they become due;  (vii) The licensee has applied for an adjudication of bankruptcy, reorganization, arrangement or other relief under any bankruptcy;  (viii) The licensee refuses to permit the commissioner to make any examination authorized by this act;  (ix) The licensee willfully fails to make any report required by this act;  (x) The competence, experience, character or general fitness of the licensee indicates that it is not in the public interest to permit the licensee to continue to conduct business.
WY Stat § 40-22-121 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-121 - Suspension or Revocation of Authorized Delegates.

40-22-121. Suspension or revocation of authorized delegates.| (a) The commissioner may issue an order to the licensee suspending or revoking the designation of an authorized delegate or subdelegate if the commissioner finds that:  (i) The authorized delegate or subdelegate violated this act or a rule adopted or an order issued under this act;  (ii) The authorized delegate or subdelegate has not cooperated with an examination or investigation by the commissioner;  (iii) The authorized delegate or subdelegate has engaged in fraud, intentional misrepresentation or gross negligence;  (iv) The authorized delegate or subdelegate has been convicted of a violation of a state or federal money laundering statute;  (v) The competence, experience, character or general fitness of the authorized delegate or subdelegate or a person in control of the authorized delegate or subdelegate indicates that it is not in the public interest to permit the authorized delegate or subdelegate to provide money transmission services; or  (vi) The authorized delegate or subdelegate has engaged in an unsafe or unsound practice.  (b) In determining whether an authorized delegate or subdelegate has engaged in an unsafe or unsound practice the commissioner may consider the size and condition of the authorized delegate's or subdelegate's provision of money services, the magnitude of the loss, the gravity of the violation of this act and the previous conduct of the authorized delegate or subdelegate.  (c) An authorized delegate or subdelegate may apply for relief from a suspension or revocation designation as an authorized delegate or subdelegate according to procedures prescribed by the commissioner.
WY Stat § 40-22-122 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-122 - Orders to Cease and Desist.

40-22-122. Orders to cease and desist.| (a) If the commissioner determines that a violation of this act or of a rule adopted or an order issued under this act by a licensee, authorized delegate or subdelegate is likely to cause immediate and irreparable harm to the licensee, its customers or the public as a result of the violation or cause insolvency or significant dissipation of assets of the licensee, the commissioner may issue an order requiring the licensee, authorized delegate or subdelegate to cease and desist from the violation. The order becomes effective upon service upon the licensee, authorized delegate or subdelegate.  (b) The commissioner may issue an order against a licensee to cease and desist from providing money transmission services through an authorized delegate or subdelegate that is the subject of a separate order pursuant to W.S. 40-22-121 by the commissioner.  (c) An order to cease and desist remains effective and enforceable pending the completion of an administrative proceeding pursuant to Wyoming Administrative Procedure Act.
WY Stat § 40-22-123 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-123 - Consent Orders.

40-22-123. Consent orders.| The commissioner may enter into a consent order at any time with a person to resolve a matter arising under this act. A consent order shall be signed by the person to whom it is issued or by the person's authorized representative and shall indicate agreement with the terms contained in the order. A consent order may provide that it does not constitute an admission by a person that this act or a rule adopted or an order issued under this act has been violated.
WY Stat § 40-22-124 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-124 - Civil Penalties.

40-22-124. Civil penalties.| The commissioner may impose a civil penalty upon a person who violates this act or a rule adopted or an order issued under this act in an amount not to exceed five hundred dollars ($500.00) per day for each day the violation is outstanding, plus the state's costs and expenses for the investigation and prosecution of the matter, including reasonable attorney's fees.
WY Stat § 40-22-125 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-125 - Criminal Penalties.

40-22-125. Criminal penalties.| (a) A person who intentionally makes a false statement, misrepresentation or false certification in a record filed or required to be maintained under this act or who intentionally makes a false entry or omits a material entry in the record is guilty of a felony, punishable for not less than three (3) years imprisonment or a fine of not less than ten thousand dollars ($10,000.00), or both.  (b) An individual who knowingly engages in any activity for which a license is required under this act without being licensed under this act is guilty of a felony punishable for not less than three (3) years imprisonment or a fine of not less than ten thousand dollars ($10,000.00), or both.
WY Stat § 40-22-126 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-126 - Unlicensed Persons; Verification Authority Regarding Exemptions.

40-22-126. Unlicensed persons; verification authority regarding exemptions.| (a) If the commissioner has reason to believe that a person has violated or is violating W.S. 40-22-103 of this act the commissioner may issue an order to show cause why an order to cease and desist should not issue requiring that the person cease and desist from the violation of W.S. 40-22-103.  (b) Repealed by Laws 2019, ch. 170, § 4.  (c) In an emergency, the commissioner may petition the district court for the issuance of a temporary restraining order.  (d) An order to cease and desist becomes effective upon service upon the person.  (e) An order to cease and desist remains effective and enforceable pending the completion of an administrative proceeding pursuant to W.S. 40-22-127 and 40-22-128.  (f) A person served with an order to cease and desist for violating W.S. 40-22-103 may petition the district court for a judicial order setting aside, limiting, or suspending the enforcement, operation, or effectiveness of the order pending the completion of an administrative proceeding pursuant to W.S. 40-22-127 and 40-22-128.  (g) The commissioner shall commence a contested case proceeding within twenty (20) days after issuing an order to cease and desist.
WY Stat § 40-22-127 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-127 - Administrative Procedures.

40-22-127. Administrative procedures.| All administrative proceedings under this act shall be conducted in accordance with the Wyoming Administrative Procedure Act.
WY Stat § 40-22-128 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-128 - Hearings.

40-22-128. Hearings.| Except as otherwise provided in W.S. 40-22-111(c) and 40-22-122(c), the commissioner may not suspend or revoke a license, issue an order to cease and desist, suspend or revoke the designation of an authorized delegate or subdelegate, or assess a civil penalty without notice and an opportunity to be heard. The commissioner shall also hold a hearing when requested to do so by an applicant whose application for a license is denied.
WY Stat § 40-22-129 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 22 - Wyoming Money Transmitters Act|Section 40-22-129 - Rulemaking and Deposit of Fees.

40-22-129. Rulemaking and deposit of fees.| (a) The commissioner shall promulgate all necessary rules to implement and administer this act.  (b) All application, renewal, examination and licensing fees, except the amount paid for data processing by the registry or any other entity designated by the registry, shall be deposited by the commissioner with the state treasurer into the financial institutions administration account.
WY Stat § 40-23-101 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 23 - Wyoming Residential Mortgage Practices Act|Section 40-23-101 - Short Title.

40-23-101. Short title.| This act may be cited as the "Wyoming Residential Mortgage Practices Act."
WY Stat § 40-23-103 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 23 - Wyoming Residential Mortgage Practices Act|Section 40-23-103 - Powers and Duties of Commissioner.

40-23-103. Powers and duties of commissioner.| (a) In addition to any other powers and duties imposed upon the commissioner by law, the commissioner shall:  (i) Perform any and all acts necessary to promulgate, administer and enforce the provisions of this act and any rules, regulations, orders, limitations, standards, requirements or licenses issued under this act, and to exercise all incidental powers as necessary to carry out the purposes of this act;  (ii) Order any mortgage broker, mortgage lender or mortgage loan originator to cease any activity or practice which the commissioner deems to be deceptive, dishonest, a violation of state or federal laws or regulations or unduly harmful to the interests of the public;  (iii) Conduct investigations, issue subpoenas, and hold hearings as necessary to determine whether a person has violated any provision of this act;  (iv) Conduct examinations of the books and records of licensees and conduct investigations as necessary and proper for the enforcement of the provisions of this act and the rules promulgated under the authority of this act;  (v) Issue orders that are necessary to execute, enforce and effectuate the purposes of this act;  (vi) Require that all application, renewal, licensing, examination and all other fees included under this act, except the amount paid for data processing by a nationwide mortgage licensing system and database, shall be deposited by the commissioner with the state treasurer into the financial institutions administration account within the earmarked revenue fund;  (vii) Require the mortgage broker to reimburse the borrower for undisclosed or incorrectly disclosed fees pursuant to W.S. 40-23-114(d) and require the mortgage lender to reimburse the borrower for undisclosed or incorrectly disclosed fees pursuant to W.S. 40-23-113(e);  (viii) Require a background investigation including fingerprint checks for state and national criminal history record checks as necessary. The commissioner may utilize background checks completed by the division of criminal investigation, other government agencies in this state or in other states, the federal bureau of investigation or a nationwide mortgage licensing system;  (ix) Determine the content of application forms and the means by which an applicant applies for, renews or makes changes to a license under this act. The commissioner may require applicants to utilize a nationwide mortgage licensing system and database for the processing of applications and fees;  (x) Establish fees authorized in this act in accordance with W.S. 13-1-603(d) through (f).
WY Stat § 40-23-104 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 23 - Wyoming Residential Mortgage Practices Act|Section 40-23-104 - License Requirements.

40-23-104. License requirements.| (a) With the exception of those persons exempt pursuant to W.S. 40-23-105, on and after July 1, 2005, no company shall engage in mortgage lending activities or mortgage brokering activities without first obtaining a license in accordance with this act.  (b) A company engaged in mortgage lending or mortgage brokering activities with any dwelling located in Wyoming shall first obtain a license in accordance with this act.
WY Stat § 40-23-105 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 23 - Wyoming Residential Mortgage Practices Act|Section 40-23-105 - Exemptions From License Requirements.

40-23-105. Exemptions from license requirements.| (a) The provisions of this act do not apply to:  (i) Agencies of the United States and agencies of this state and its political subdivisions;  (ii) An owner of real property who offers credit secured by a contract of sale, mortgage or deed of trust on the property sold;  (iii) Any person licensed or chartered under the laws of any state or the United States as a bank, savings and loan association, credit union, or trust company or an operating subsidiary of which the person owns or controls eighty percent (80%) or more of the voting stock;  (iv) An attorney licensed to practice law in Wyoming who is not principally engaged in the business of negotiating residential mortgage loans when the attorney renders services in the course of his practice as an attorney;  (v) Repealed By Laws 2009, Ch. 184, § 3.  (vi) Any person who purchases or otherwise obtains a residential mortgage loan which has been originated, processed and closed with the borrower by a licensee or by an exempt person, who does not directly or indirectly solicit borrowers in Wyoming for the purpose of making residential mortgage loans, and who does not participate in the negotiation of residential mortgage loans with the borrower. For the purpose of this paragraph, "negotiation of residential mortgage loans" does not include setting the terms under which a person may buy or fund a residential mortgage loan originated by a licensee or exempt person after the residential mortgage loan has closed.  (b) The Financial Technology Sandbox Act shall apply to this act.
WY Stat § 40-23-106 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 23 - Wyoming Residential Mortgage Practices Act|Section 40-23-106 - Initial Licensing and Compliance.

40-23-106. Initial licensing and compliance.| A person conducting mortgage lending or mortgage brokering activities, as of July 1, 2005 shall, not later than September 30, 2005, apply to the commissioner for a license.