Wyoming Statutes

§ 13-10-209 — Prompt corrective action; definition

Wyoming·Title 13 Banks, Banking and Finance·Ch. 10 CRIMES, OFFENSES AND PENALTIES·Art. 2 ADMINISTRATIVE ENFORCEMENT ACTIONS
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.

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