Wyoming § 11-11-120 Temporary cease and desist order; warehousemen;
service

Wyoming Statutes

§ 11-11-120 — Temporary cease and desist order; warehousemen; service

Wyoming·Title 11 Agriculture, Livestock and Other Animals·Ch. 11 BUYING, SELLING AND STORING OF GRAIN

(a)If the department believes the actions of a warehouseman or of any officer, director, employee or agent of the warehouse pose an immediate threat to the safety and soundness of the warehouse or to the interests of the depositors or creditors of the warehouse, the department shall issue a temporary cease and desist order to the warehouseman or officer, director, employee or agent of the warehouse pending final action on the proposed cease and desist order issued pursuant to W.S. 11-11-119(a).

(b)The temporary order shall be in writing and shall be served upon the warehouseman. The temporary order shall take effect upon service and shall remain in effect until the director issues the final cease and desist order, the department dismisses the proposed cease and desist order or a court of

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(a) If the department believes the actions of a
warehouseman or of any officer, director, employee or agent of
the warehouse pose an immediate threat to the safety and
soundness of the warehouse or to the interests of the depositors
or creditors of the warehouse, the department shall issue a
temporary cease and desist order to the warehouseman or officer,
director, employee or agent of the warehouse pending final
action on the proposed cease and desist order issued pursuant to
W.S. 11-11-119(a).
(b) The temporary order shall be in writing and shall be
served upon the warehouseman. The temporary order shall take
effect upon service and shall remain in effect until the
director issues the final cease and desist order, the department
dismisses the proposed cease and desist order or a court of
competent jurisdiction dismisses the proposed cease and desist
order after hearing.
(c) On or after the effective date of the temporary order,
the attorney general, upon request from the department, may
apply to the district court for the county in which the
warehouse is located for enforcement of the temporary order. If
the warehouseman operates warehouses in two (2) or more
counties, the request may be made in any county where the
warehouseman operates a warehouse. The application for
enforcement shall be given precedence over other cases pending
in court and shall in every way be expedited.
(d) The warehouseman, officer, director, employee or agent
to whom a temporary cease and desist order is issued may apply
to the district court for the county in which the warehouse is
located for a stay of the temporary cease and desist order. The
application for stay shall be given precedence over other civil
cases pending in court and shall be expedited. The court shall
grant the stay only if the warehouseman, officer, director,
employee or agent shows he will be irreparably harmed unless the
stay issues and there is substantial likelihood he will prevail
on the merits.

Wyoming § 11-11-120 (Temporary cease and desist order; warehousemen; service) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.