reglab/statecodes huggingface dataset:
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-308 - Permitted Acquisitions.

13-9-308. Permitted acquisitions.
(a) Except as otherwise expressly permitted by federal law, no company may acquire a Wyoming bank holding company or a Wyoming bank without the prior approval of the commissioner.
(b) The prohibition in subsection (a) of this section shall not apply where the acquisition is made:
(i) Solely for the purpose of facilitating an acquisition otherwise permitted under this article;
(ii) In a transaction arranged by the commissioner or another bank supervisory agency to prevent the insolvency or closing of the acquired bank, provided the appropriate supervisory officials determine the acquisition will protect the shareholders and depositors of the acquired bank;
(iii) In a transaction in which a bank forms its own bank holding company, if the ownership rights of the former bank shareholders are substantially similar to those of the holders of the ownership interests of the new bank holding company.
(c) In a transaction specified in subsection (b) of this section, the parties shall give written notice to the commissioner at least fifteen (15) days before the effective date of the acquisition, unless a shorter period of notice is required under applicable federal law.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-309 - Required Application; Fees.

13-9-309. Required application; fees.
(a) A company that proposes to make an acquisition under this article shall:
(i) Pay to the commissioner an application fee established by rule and regulation of the commissioner;
(ii) File with the commissioner a copy of the application that the company has filed with the responsible federal bank supervisory agency. The application to the commissioner shall include:
(A) The name and address of the applicant;
(B) The name of the chief executive officer and the officer designated by the applicant being responsible for the application;
(C) A sworn statement by the chief executive officer that all information being furnished to the commissioner is truthful, complete and accurate and that the applicant is complying with all applicable laws;
(D) The names and addresses of the directors of the applicant with a listing of the percent of outstanding shares of the applicant owned directly or beneficially by each director;
(E) The names and addresses of the executive officers of the applicant, not to exceed twenty (20) in number and the percent of outstanding shares of the applicant owned directly or beneficially by each officer;
(F) The most recent official statement of condition of the applicant;
(G) A copy of the most recent federal income tax return of the applicant together with all pertinent schedules and addendums;
(H) A copy of the most recent directors' audit of the applicant;
(J) A copy of the two (2) most recent reports of examination as performed by all regulatory authorities including a record of compliance and rating under the Community Reinvestment Act;
(K) An historical compilation of the loan loss reserve account of the applicant for the previous five (5) year period;
(M) Other information as the commissioner may require to fulfill his duties under this article.
(b) To the extent consistent with the effective discharge of the commissioner's responsibilities, the forms established under this article for application and reporting shall conform to those established by the board of governors of the federal reserve system under the Bank Holding Company Act.
(c) If the applicant is an out-of-state bank holding company that is not incorporated or otherwise formed under the laws of this state, it shall submit with the application proof that the applicant has complied with any applicable requirements of W.S. title 17.
(d) Except as prohibited by federal law, a company acquiring control of a Wyoming state chartered bank shall agree as a condition of the certificate of authority that all its banking operations conducted in this state by or on behalf of that state chartered bank shall be governed by Wyoming law.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-310 - Standards for Approval.

13-9-310. Standards for approval.
(a) In deciding whether to approve an application for a proposed acquisition under this article, the commissioner shall consider whether:
(i) There is or recently has been evidence of criminal activity on the part of the applicant or any of its officers or directors;
(ii) The acquisition may be detrimental to the safety and soundness of the Wyoming bank or the Wyoming bank holding company to be acquired;
(iii) The acquisition may result in a substantial reduction of competition in this state; or
(iv) The acquisition may have a significantly adverse effect on the convenience and needs of the community or communities in this state that are served by the Wyoming state bank or the Wyoming bank holding company to be acquired.
(b) The commissioner shall not approve an acquisition under this article if upon consummation of the transaction the applicant, including any insured depository institution affiliated with the applicant, would control thirty percent (30%) or more of the total amount of deposits held by insured depository institutions in this state. Nothing in this subsection prohibits the acquisition of a Wyoming bank or Wyoming bank holding company which controls thirty percent (30%) or more of the total deposits held by all insured depository institutions in this state if the company making the acquisition does not control any bank holding company, bank or branch bank in this state.
(c) The commissioner shall not approve an application by an out-of-state bank holding company for an acquisition under this article unless the Wyoming bank to be acquired or all Wyoming bank subsidiaries of the bank holding company to be acquired, or a predecessor, have as of the proposed date of acquisition been in existence and in continuous operation for at least three (3) years. A state bank resulting from the conversion of a federally chartered savings and loan, federally chartered savings bank or state savings and loan pursuant to W.S. 13-4-109, an out-of-state state bank pursuant to the procedures prescribed by the laws of the United States or of the state issuing a state charter for the out-of-state state bank or a national bank resulting from the conversion of a federally chartered savings and loan or federally chartered savings bank pursuant to the procedures prescribed by the laws of the United States shall be deemed to have been in existence for the same period of time as the converting federally chartered savings and loan, federally chartered savings bank, out-of-state state bank or state savings and loan or a predecessor.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-311 - Procedures Relating to Applications.

13-9-311. Procedures relating to applications.
The commissioner shall decide whether to approve an acquisition under this article within ninety (90) days after receipt of a completed application, and if approved, shall within the ninety (90) day period, issue a certificate of authority permitting the acquisition.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-312 - Reports; Examinations.

13-9-312. Reports; examinations.
(a) To the extent specified by the commissioner by regulation, order or written request, each bank holding company that directly or indirectly controls a Wyoming bank or a Wyoming bank holding company, or the home state supervisor of the company, shall submit to the commissioner:
(i) One (1) or more copies of each financial report, other than reports the disclosure of which would be prohibited by applicable federal or state law, filed by the company with any bank supervisory agency within fifteen (15) days after the filing thereof with the agency; and
(ii) An annual report, not later than April 15, of each year, specifying for each bank and branch, in this state controlled by the bank holding company:
(A) The location;
(B) The amount of deposits held as of the end of the preceding calendar year; and
(C) The amount of loans made and held during the preceding calendar year to individuals and entities with addresses in this state.
(b) At the request of the commissioner, to the extent permitted by applicable state or federal law, each bank holding company that controls a Wyoming state bank or a Wyoming bank holding company, or the home state supervisor of the bank or company, shall provide to the commissioner copies of the reports of examination of the company or any such Wyoming state bank or Wyoming bank holding company.
(c) The commissioner may examine a bank holding company in accordance with the provisions of W.S. 13-9-201 through 13-9-203.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-313 - Agency Activities.

13-9-313. Agency activities.
(a) Any Wyoming state bank may upon compliance with the requirements of this section, agree to receive deposits, renew time deposits, close loans, receive payments on loans and other obligations and perform other services as agent for any affiliated insured depository institution.
(b) A Wyoming state bank that proposes to enter into an agency agreement under this section shall file with the commissioner, at least thirty (30) days before the effective date of the agreement, a notice of intention to enter into an agency agreement with an affiliated insured depository institution.
(c) A Wyoming state bank may not under an agency agreement:
(i) Conduct any activity as an agent that it would be prohibited from conducting as a principal under applicable state or federal law; or
(ii) Have an agent conduct any activity that the bank as principal would be prohibited from conducting under applicable state or federal law.
(d) The commissioner may order a Wyoming state bank or any other insured depository institution subject to the commissioner's enforcement powers to cease acting as an agent or principal under any agency agreement with an affiliated insured depository institution that the commissioner finds to be inconsistent with safe and sound banking practices.
(e) Notwithstanding any other provision of law of this state, a Wyoming state bank acting as an agent for an affiliated insured depository institution in accordance with this section shall not be considered to be a branch of that institution. No provision of this section shall be construed as limiting the authority of any Wyoming state bank to act as agent on behalf of any other insured depository institution in the servicing of mortgage and other loans.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-315 - Penalties.

13-9-315. Penalties.
The commissioner may enforce the provisions of this article by any appropriate action in the Laramie county district court of this state, including an action for civil money penalties or injunctive relief. The commissioner shall promptly give notice to the home state supervisor of any enforcement action initiated against an out-of-state bank holding company and, to the extent practicable, shall consult and cooperate with the home state supervisor in pursuing and resolving the enforcement action.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 9 - Bank Related Organizations › Article 3 - Interstate Banking - Acquisitions of Banks by Bank Holding Companies › Section 13-9-316 - Authority to Adopt Rules and Regulations; Cooperative Agreements; Fees.

13-9-316. Authority to adopt rules and regulations; cooperative agreements; fees.
(a) In order to carry out the purposes of this article the commissioner may:
(i) Repealed By Laws 1999, ch. 42, 3.
(ii) Enter into cooperative, coordinating or information-sharing agreements with any other bank supervisory agency or any organization affiliated with or representing one (1) or more bank supervisory agencies;
(iii) Accept any report of examination or investigation by another bank supervisory agency having concurrent jurisdiction over a Wyoming state bank or a bank holding company that controls a Wyoming state bank in lieu of conducting the commissioner's own examination or investigation of the bank holding company or bank;
(iv) Enter into contracts with any bank supervisory agency having concurrent jurisdiction over a Wyoming state bank or a bank holding company that controls a Wyoming state bank to engage the services of the agency's examiners as provided in W.S. 13-2-807(d);
(v) Enter into joint examinations or joint enforcement actions with any other bank supervisory agency having concurrent jurisdiction over any Wyoming state bank or any bank holding company that controls a Wyoming state bank. The commissioner may take any such action independently, except with respect to the examination of an out-of-state bank holding company, if the commissioner determines that the action is necessary to carry out his responsibilities under this title or to enforce compliance with the laws of this state. In the case of an out-of-state bank holding company, the commissioner shall recognize the exclusive authority of the home state supervisor over corporate governance matters and the primary responsibility of the home state supervisor with respect to safety and soundness matters; and
(vi) Assess supervisory and examination fees that shall be payable by Wyoming banks and Wyoming bank holding companies in connection with the commissioner's performance of his duties under this article and in accordance with regulations adopted by the commissioner. Fees shall be deposited and may be expended as provided in W.S. 13-2-807(f) and to carry out the provisions of this article.
(b) By entering into an agreement pursuant to this section, the state of Wyoming does not waive its sovereign immunity.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-101 - General Penalty.

13-10-101. General penalty.
Any officer, director, owner or employee of a financial institution who willfully and knowingly violates any provision of this act for which a penalty is not expressly provided is guilty of a misdemeanor punishable by a fine of not less than one hundred dollars ($100.00) nor more than one thousand dollars ($1,000.00), imprisonment for not more than one (1) year, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-102 - False Statements.

13-10-102. False statements.
(a) Any owner, director, officer or employee of a financial institution who makes any false entry or fails to make new entries of matters pertaining to the affairs of the financial institution in the books or statements of the financial institution with intent to injure or defraud the financial institution or deceive any officer of the financial institution or any person appointed to examine the affairs of the financial institution is guilty of a felony punishable by a fine of not less than one thousand dollars ($1,000.00) nor more than five thousand dollars ($5,000.00), imprisonment for not less than one (1) year nor more than ten (10) years, or both.
(b) Any officer, director, owner or employee of a financial institution who willfully and knowingly subscribes, makes or causes to be made any false statement or report to the state banking commissioner, or subscribes or exhibits false papers with intent to deceive any person authorized to examine the affairs of the financial institution, or states or publishes any false report or statement of the financial institution is guilty of a felony punishable by a fine of not less than one thousand dollars ($1,000.00) nor more than five thousand dollars ($5,000.00), imprisonment for not less than one (1) year nor more than ten (10) years, or both.
(c) Any person who willfully and knowingly makes, circulates or transmits any false statement or rumor to another which is directly or indirectly derogatory to the financial condition or affects the solvency or financial standing of a financial institution doing business in Wyoming is guilty of a misdemeanor punishable by a fine of not more than seven hundred fifty dollars ($750.00), imprisonment for not more than six (6) months, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-103 - Fraudulent Insolvency.

13-10-103. Fraudulent insolvency.
(a) Repealed by Laws 1985, ch. 162, 2.
(b) Any officer or director of a financial institution who participates in a fraudulent insolvency of a financial institution is guilty of a misdemeanor punishable by a fine of not less than one hundred dollars ($100.00) nor more than one thousand dollars ($1,000.00), imprisonment for not less than one (1) month nor more than one (1) year, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-104 - Wrongful Certification, Issuance or Delivery of Instruments, Preferences or Borrowing.

13-10-104. Wrongful certification, issuance or delivery of instruments, preferences or borrowing.
(a) Any owner, director, officer, agent or employee of a financial institution who willfully certifies a check on the account of the drawer of the check which does not contain sufficient funds to pay the check is guilty of a misdemeanor punishable by a fine not to exceed one thousand dollars ($1,000.00).
(b) Any owner, director, officer or employee of a financial institution who issues or delivers any certificate of deposit, draws any check, draft or bill of exchange, makes any acceptance, or signs any note, bond, draft, bill of exchange, mortgage, judgment or decree without the approval of the board of directors is guilty of a felony punishable by imprisonment for not less than one (1) year nor more than twenty (20) years.
(c) Any officer, director or employee of a bank who violates the provisions of W.S. 13-3-103 or 13-3-203 is guilty of a felony punishable by a fine of not less than one thousand dollars ($1,000.00) nor more than five thousand dollars ($5,000.00), imprisonment for not less than one (1) year nor more than five (5) years, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-106 - Transactions Exceeding Liability Limits; Concealing or Failing to Report Transactions.

13-10-106. Transactions exceeding liability limits; concealing or failing to report transactions.
(a) Any officer, director or agent of a financial institution who makes or delivers any guarantee or endorsement on behalf of the financial institution whereby the financial institution may become liable upon any of the financial institution's discounted notes, bills or obligations in an amount exceeding the amount of loans or discounts which the financial institution may make under this act is guilty of a misdemeanor punishable by a fine of not less than five hundred dollars ($500.00) nor more than one thousand dollars ($1,000.00), imprisonment for not less than one (1) month nor more than one (1) year, or both.
(b) Any director of a financial institution who concurs in any vote or act of the board of directors or any director of the financial institution whereby it is intended to make a loan or discount to a director of the financial institution or upon an instrument on which a director is liable, exceeding the amount allowed under this act, is guilty of a misdemeanor punishable by a fine of not less than five hundred dollars ($500.00) nor more than one thousand dollars ($1,000.00), imprisonment for not less than one (1) month nor more than one (1) year, or both.
(c) Any officer, director or employee of a financial institution who intentionally conceals any discounts or loans, purchases of securities or sale of financial institution securities by the financial institution from the officers or directors of the financial institution, or who knowingly fails to report all discounts, loans or purchases of securities by the financial institution to the board of directors when required to do so by law, is guilty of a misdemeanor punishable by a fine of not less than five hundred dollars ($500.00) nor more than one thousand dollars ($1,000.00), imprisonment for not less than one (1) month nor more than one (1) year, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-107 - Failure to Report or Cooperate With State Banking Commissioner.

13-10-107. Failure to report or cooperate with state banking commissioner.
(a) Repealed By Laws 1998, ch. 64, 2.
(b) Any bank failing to submit reports to the state banking commissioner as required by W.S. 13-3-701(d) is subject to a civil penalty of twenty-five dollars ($25.00) per day for each day the reports are delayed. Any trust company failing to submit reports to the commissioner as required by W.S. 13-5-110(a)(i) is subject to a civil penalty of twenty-five dollars ($25.00) per day for each day the reports are delayed.
(c) Any officer, director or employee of a financial institution or bank holding company who willfully and knowingly fails to report any transfer of ownership interests of the financial institution or a bank holding company to the commissioner as required by this act is guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000.00), imprisonment for not less than six (6) months nor more than one (1) year, or both.
(d) Repealed By Laws 1999, ch. 42, 3.
(e) Any person refusing or obstructing access to the state banking commissioner to any books, records or papers, refusing to furnish any required information, or hindering a full examination of the books, accounts, papers and finances of a financial institution is guilty of a felony punishable by a fine of not less than one thousand dollars ($1,000.00), imprisonment for a period of not less than one (1) year, or both.
(f) A financial institution shall keep books and accounts in a convenient manner so as to enable the examiner to readily ascertain the true condition of the financial institution. Any financial institution that refuses or neglects to open and keep books and accounts as prescribed by the state banking commissioner is subject to a penalty of three hundred dollars ($300.00) per day for each day the financial institution neglects or fails to open and keep the books and accounts after receiving written notice from the state banking commissioner.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-108 - Operating Bank or Savings and Loan Association or Trust Company Without Complying With Provisions.

13-10-108. Operating bank or savings and loan association or trust company without complying with provisions.
(a) Any person, firm or corporation excluding national banks which conducts a banking business or which advertises, issues, circulates or exhibits any card, paper or sign using the term "bank", "banker", "banking" or words of similar import without compliance with this act and following ten (10) days notice given by the state banking commissioner, is guilty of a misdemeanor punishable by a fine of not less than one hundred dollars ($100.00) nor more than one thousand dollars ($1,000.00), imprisonment for not more than six (6) months, or both.
(b) Any person doing business or soliciting or attempting to do business in Wyoming for any savings and loan association not chartered by the federal government which has not complied with the provisions of this act is guilty of a misdemeanor punishable by a fine not exceeding one thousand dollars ($1,000.00), imprisonment for not more than thirty (30) days, or both.
(c) Any person, firm or corporation which conducts a trust business without compliance with this act and following ten (10) days notice given by the commissioner, is guilty of a misdemeanor punishable by a fine of not less than one hundred dollars ($100.00) nor more than one thousand dollars ($1,000.00), imprisonment for not more than six (6) months, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-109 - Refusal to Exhibit Stock Ledger or Register.

13-10-109. Refusal to exhibit stock ledger or register.
Any officer of a financial institution refusing to exhibit the stock ledger or register of the financial institution to any person entitled to inspect the ledger or register is guilty of a misdemeanor punishable by a fine not to exceed fifty dollars ($50.00).
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-110 - Improper Procurement of Loans; Permitting Accounts to Be Overdrawn.

13-10-110. Improper procurement of loans; permitting accounts to be overdrawn.
Any officer, director, agent or employee of a financial institution who asks for, receives or agrees to receive any compensation, reward or personal advantage for procuring or endeavoring to procure for any person, firm or corporation any loan from or the purchase or discount of any instrument by the financial institution, or for permitting any person, firm or corporation to overdraw any account with the financial institution, is guilty of a felony punishable by a fine of not less than one thousand dollars ($1,000.00) nor more than five thousand dollars ($5,000.00), imprisonment for not less than one (1) year nor more than ten (10) years, or both.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-111 - Financial Involvement by State Banking Commissioner and Employees.

13-10-111. Financial involvement by state banking commissioner and employees.
The state banking commissioner and employees of the state banking commissioner's office shall not become indebted to any financial institution under state supervision nor shall engage or be interested in the sale of securities or negotiation of loans for others with any financial institution under state supervision. Violation of this section constitutes grounds for removal from office.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 1 - Miscellaneous Offenses › Section 13-10-112 - Prosecution of Criminal Violations.

13-10-112. Prosecution of criminal violations.
The district attorney for the county where a criminal violation of this act occurs shall prosecute the case upon complaint of the commissioner.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-201 - Definitions.

13-10-201. Definitions.
(a) As used in this article:
(i) "Bank holding company" means a bank holding company as defined in W.S. 13-1-101 which owns or controls a Wyoming financial institution;
(ii) "Critically undercapitalized" means the paid-in capital, retained earnings and undivided profits of the Wyoming financial institution are less than two percent (2%) of the total assets of the financial institution;
(iii) "Prompt corrective action" means any action the federal deposit insurance corporation is authorized to take with regard to a state chartered bank under 12 U.S.C. 1831o(d) through (i);
(iv) "Wyoming financial institution" means any bank, savings and loan association, special purpose depository institution or trust company chartered or organized under the laws of Wyoming.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-202 - Informal Enforcement Actions; Joint Enforcement Actions.

13-10-202. Informal enforcement actions; joint enforcement actions.
(a) Notwithstanding any other provision of law, the commissioner may enforce the provisions of this act by informal actions such as board resolutions, letter agreements, memoranda of understanding or supervisory agreements.
(b) Notwithstanding any other provision of law, the commissioner may enter into an agreement and take action with the appropriate federal regulatory agency to enforce jointly all federal and state laws applicable to Wyoming financial institutions and bank holding companies.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-203 - Cease and Desist Orders; Wyoming Financial Institutions; Bank Holding Companies Notice; Opportunity for Hearing.

13-10-203. Cease and desist orders; Wyoming financial institutions; bank holding companies notice; opportunity for hearing.
(a) After notice and opportunity for hearing, the commissioner shall issue a final cease and desist order to a Wyoming financial institution if the Wyoming financial institution or any officer, director, employee or agent of the institution is violating or is about to violate any state statute or rule relating to financial institutions or is engaging or is about to engage in an unauthorized or unsafe and unsound practice. After notice and opportunity for hearing, the commissioner shall issue a final cease and desist order to a bank holding company if the bank holding company or any officer, director, manager, employee or agent of the bank holding company is violating or is about to violate any state or federal statute or rule relating to bank holding companies or is engaging or is about to engage in an unauthorized or unsafe and unsound practice relating to Wyoming financial institutions owned or controlled by the bank holding company.
(b) Before issuing a final cease and desist order, the commissioner shall serve notice of intent to issue the order upon the Wyoming financial institution or the bank holding company. The notice shall be in writing and shall contain the information required by W.S. 13-10-208(a). The proposed order shall direct the Wyoming financial institution or the bank holding company to discontinue the violations of law or the unsafe and unsound practices and may direct the Wyoming financial institution or the bank holding company to take any action the commissioner deems necessary to correct the alleged violation or wrongful practice.
(c) The Wyoming financial institution or the bank holding company may request a hearing on the proposed order before the board in accordance with W.S. 13-10-208(b). If the Wyoming financial institution or the bank holding company does not request a hearing in writing within the prescribed time period, the proposed order shall become a final cease and desist order and the commissioner shall serve the final order upon the Wyoming financial institution or the bank holding company.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-204 - Temporary Cease and Desist Order; Wyoming Financial Institutions; Bank Holding Companies; Service.

13-10-204. Temporary cease and desist order; Wyoming financial institutions; bank holding companies; service.
(a) If the commissioner believes the actions of a Wyoming financial institution or of any officer, director, employee or agent of the institution pose an immediate threat to the safety and soundness of the financial institution or to the interests of the depositors, creditors or shareholders of the financial institution, he may issue a temporary cease and desist order to the financial institution pending final action on the proposed cease and desist order issued pursuant to W.S. 13-10-203.
(b) If the commissioner believes the actions of a bank holding company or of any officer, director, manager, employee or agent of the bank holding company pose an immediate threat to the safety and soundness of a Wyoming financial institution owned or controlled by the holding company or to the interests of the depositors, creditors or shareholders of the financial institution, the commissioner may issue a temporary cease and desist order to the bank holding company pending final action on the proposed cease and desist order issued pursuant to W.S. 13-10-203.
(c) The temporary order shall be in writing and shall be served upon the Wyoming financial institution or the bank holding company. The temporary order shall take effect upon service and shall remain in effect until the commissioner issues the final cease and desist order or the board dismisses the proposed cease and desist order after hearing.
(d) On or after the effective date of the temporary order, the attorney general, upon request from the commissioner, may apply to the district court for the county in which the Wyoming financial institution is located for enforcement of the temporary order. The application for enforcement shall be given precedence over other cases pending in court and shall in every way be expedited.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-205 - Removal of Officer or Director; Notice; Opportunity for Hearing.

13-10-205. Removal of officer or director; notice; opportunity for hearing.
(a) After notice and opportunity for hearing, the commissioner may issue a final order removing an officer or director of a Wyoming financial institution or a bank holding company if the officer or director:
(i) Has violated any state statute or rule relating to financial institutions in performing the duties of his office;
(ii) Has engaged or participated in any unsafe and unsound practice in performing the duties of his office; or
(iii) Has been convicted of or has pleaded guilty or nolo contendere to a crime involving dishonesty or breach of trust.
(b) Before issuing a final removal order, the commissioner shall serve notice of intent to issue the order upon the officer or director. The notice shall be in writing and shall contain the information required by W.S. 13-10-208(a).
(c) The officer or director may request a hearing on the proposed order before the board in accordance with W.S. 13-10-208(b). If the officer or director does not request a hearing in writing within the prescribed time period, the proposed order shall become a final removal order and the commissioner shall serve the final order upon the officer or director.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-206 - Temporary Suspension Order; Stay of Order; Enforcement.

13-10-206. Temporary suspension order; stay of order; enforcement.
(a) If the commissioner believes the actions of the officer or director pose an immediate threat to the safety and soundness of a Wyoming financial institution or to the interests of the depositors, creditors or shareholders of the financial institution, the commissioner may suspend the officer or director pending final action on the proposed removal order issued pursuant to W.S. 13-10-205. The temporary suspension order shall be in writing and shall be served upon the officer or director together with the notice of intent to issue a removal order as provided in W.S. 13-10-205(b). The temporary order shall take effect upon service. The officer or director may apply to the district court for the county in which the Wyoming financial institution is located for a stay of the temporary suspension order. The application for stay shall be given precedence over other cases pending in court and shall in every way be expedited. The court shall grant the stay only if the officer or director shows he will be irreparably harmed unless the stay issues and there is a substantial likelihood he will prevail on the merits. The temporary suspension order shall remain in effect until the commissioner issues the final removal order, the board dismisses the proposed removal order or the court stays enforcement of the temporary suspension order.
(b) On or after the effective date of a temporary suspension order issued pursuant to this section, the attorney general, upon request from the commissioner, may apply to the district court for the county in which the Wyoming financial institution is located for enforcement of the temporary suspension order. The application for enforcement shall be given precedence over other cases pending in court and shall in every way be expedited.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 2 - Administrative Enforcement Actions › Section 13-10-209 - Prompt Corrective Action; Definition.

13-10-209. Prompt corrective action; definition.
In addition to the other administrative enforcement actions authorized in this act, the commissioner shall take prompt corrective action against a Wyoming financial institution as necessary to protect the safety and soundness of the Wyoming financial institution in the event the financial institution becomes critically undercapitalized. For purposes of this section, "Wyoming financial institution" does not include trust companies.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 3 - Unlawful Discrimination › Section 13-10-301 - Definitions.

13-10-301. Definitions.
(a) As used in this article:
(i) "Ammunition" means one (1) or more loaded cartridges consisting of a primed case, propellant and with or without one (1) or more projectiles;
(ii) "Discriminate" means to:
(A) Refuse to engage in the trade of any goods or services;
(B) Refrain from continuing an existing business relationship;
(C) Terminate an existing business relationship;
(D) Otherwise unlawfully discriminate against a person.
(iii) "Financial institution" means a payment processor, a financial institution as defined in W.S. 13-1-101(a)(ix) or a national banking association as defined in 12 U.S.C. 221;
(iv) "Firearm" means a weapon that expels a projectile by the action of an explosive;
(v) "Firearm accessory" means both:
(A) A device that is specifically designed or adapted to enable a person to wear or carry a firearm on the person or to store or mount a firearm in or on a conveyance;
(B) An attachment or device that is specifically designed or adapted to be inserted into or affixed onto a firearm to enable, alter or improve the functioning or capabilities of the firearm.
(vi) "Firearm entity" means all of the following:
(A) A firearm, firearm accessory or ammunition manufacturer, retailer and distributor;
(B) A shooting range;
(C) A trade association.
(vii) "Trade association" means any person, corporation, unincorporated association, federation, business league or professional or business organization that:
(A) Is not organized or operated for profit and for which no part of its net earning inures to the benefit of any private shareholder or individual;
(B) Is an organization described in section 501(c)(6) of the Internal Revenue Code and is exempt from tax pursuant to section 501(a) of the Internal Revenue Code;
(C) Has two (2) or more members who are firearm, firearm accessory or ammunition manufacturers or sellers.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 3 - Unlawful Discrimination › Section 13-10-302 - Unlawful Discrimination Against a Firearm Entity; Exception.

13-10-302. Unlawful discrimination against a firearm entity; exception.
(a) A financial institution shall not discriminate against a firearm entity because the firearm entity supports or is engaged in the lawful commerce of firearms, firearm accessories or ammunition products.
(b) This section shall not apply to a financial institution that chooses not to provide services to a firearm entity for a business or financial reason or due to a directive by the state banking commissioner or a bank supervisory agency as defined by W.S. 13-2-802(a)(iii). This section shall also not apply to a financial institution that has a written policy prohibiting the institution from discriminating against firearm entities as defined in W.S. 13-10-301. For the purposes of this subsection, "business or financial reason" does not include a policy of refusing to provide financial services or otherwise discriminating when providing financial services to a firearm entity.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 10 - Crimes, Offenses and Penalties › Article 3 - Unlawful Discrimination › Section 13-10-303 - Remedies; Attorney General Notice; Statute of Limitation.

13-10-303. Remedies; attorney general notice; statute of limitation.
(a) A person who is injured by a violation of this article may bring a civil action against the financial institution. A court of competent jurisdiction shall award the successful party reasonable attorney fees and costs. The court may award the successful party any of the following:
(i) Actual and compensatory damages;
(ii) Treble damages;
(iii) Punitive or exemplary damages;
(iv) Injunctive relief;
(v) Any other appropriate civil relief.
(b) The attorney general may file a civil action for a violation of this article. The attorney general may request the court to do any of the following:
(i) Issue a declaratory judgment for an act or practice that violates this article;
(ii) Enjoin any act or practice that violates this article by issuing a temporary restraining order or preliminary or permanent injunction, without a bond, after providing appropriate notice;
(iii) In the event of repeated discrimination or failure to adhere to the financial institution's own antidiscrimination policy, impose a civil penalty that does not exceed twenty thousand dollars ($20,000.00) per violation of this article.
(c) If the attorney general prevails on an action filed pursuant to subsection (b) of this section, a court's order for relief, in addition to any other remedies, may include any relief sought under subsection (b) of this section and shall include an award to the attorney general for reasonable attorney fees and investigative and litigation costs.
(d) The attorney general shall submit the name of any financial institution that has violated this article to the governor and request that the state terminate any business relationship with the financial institution.
(e) Any civil action shall be commenced within not more than two (2) years after the date that the violation is discovered or should reasonably have been discovered.
(f) The remedies and actions available or required under this section shall not be applicable if a financial institution has a written policy prohibiting the institution from discriminating against firearm entities as defined in W.S. 13-10-301.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 11 - Deposit of Funds › Section 13-11-101 - Deposit of Funds.

13-11-101. Deposit of funds.
All fees, costs, compensation and expenses of any type provided for under this title, or any rule promulgated under authority granted under this title, required to be paid to the state banking commissioner and not otherwise designated for deposit shall be deposited by the state banking commissioner with the state treasurer and credited to the financial institutions administration account.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 12 - Special Purpose Depository Institutions › Section 13-12-102 - Applicability of Other Provisions.

13-12-102. Applicability of other provisions.
(a) Except as otherwise provided in subsections (b) and (c) of this section, all other provisions of this title shall apply to this chapter.
(b) The following provisions of this title shall not apply to this chapter:
(i) W.S. 13-1-101(a)(vii);
(ii) W.S. 13-1-201;
(iii) W.S. 13-2-101;
(iv) W.S. 13-2-201 through 13-2-214;
(v) W.S. 13-2-301;
(vi) W.S. 13-2-709;
(vii) W.S. 13-3-102;
(viii) W.S. 13-3-203;
(ix) W.S. 13-3-401 through 13-3-405;
(x) W.S. 13-3-701 through 13-3-703;
(xi) W.S. 13-4-201 and 13-4-202(a)(i) through (iii);
(xii) W.S. 13-4-206;
(xiii) W.S. 13-4-302; and
(xiv) W.S. 13-5-101 through 13-8-302.
(c) If any provision of law conflicts with this chapter, this chapter shall control.
2023 Wyoming Statutes › Title 13 - Banks, Banking and Finance › Chapter 12 - Special Purpose Depository Institutions › Section 13-12-103 - Special Purpose Depository Institutions Created as Corporations; Operating Authority; Powers; Prohibition on Lending.

13-12-103. Special purpose depository institutions created as corporations; operating authority; powers; prohibition on lending.
(a) Consistent with this chapter, special purpose depository institutions shall be organized as corporations under the Wyoming Business Corporation Act to exercise the powers set forth in subsection (b) of this section.
(b) Each special purpose depository institution may:
(i) Make contracts as a corporation under Wyoming law;
(ii) Sue and be sued;
(iii) Receive notes and buy and sell gold and silver coins and bullion as permitted by federal law;
(iv) Carry on a nonlending banking business for depositors, consistent with subsection (c) of this section;
(v) Provide payment services upon the request of a depositor;
(vi) Make an application to become a member bank of the federal reserve system;
(vii) Engage in any other activity that is usual or incidental to the business of banking, subject to the prior written approval of the commissioner. The commissioner shall not approve a request to engage in an incidental activity if he finds that the requested activity will adversely affect the solvency or the safety and soundness of the special purpose depository institution or conflict with any provision of this chapter. As used in this paragraph, "incidental activity" includes:
(A) Custody, safekeeping and asset servicing, including custodial services under W.S. 34-29-104;
(B) Investment adviser, investment company and broker-dealer activities;
(C) Commodities intermediary activities;
(D) Exercising fiduciary powers similar to those permitted to national banks;
(E) Receiving deposits relating to activities under this paragraph;
(F) Other incidental activities authorized by the commissioner.
(viii) Exercise powers and rights otherwise authorized by law which are not inconsistent with this chapter.
(c) Except as otherwise provided in this subsection, a special purpose depository institution shall not make loans, including the provision of temporary credit relating to overdrafts. A special purpose depository institution may purchase debt obligations specified by W.S. 13-12-105(b)(iii).
(d) A special purpose depository institution shall maintain its principal operating headquarters and the primary office of its chief executive officer in Wyoming.
(e) As otherwise authorized by this section, the special purpose depository institution may conduct business with depositors outside this state.
(f) A special purpose depository institution may open a branch in another state in the manner set forth in W.S. 13-2-803. A special purpose depository institution, including any branch of the institution, may only accept deposits or provide other services under this chapter to depositors engaged in activities which are lawful under the laws of Wyoming and federal law.