Wyoming § 13-12-105 Required liquid assets

Wyoming Statutes

§ 13-12-105 — Required liquid assets

Wyoming·Title 13 Banks, Banking and Finance·Ch. 12 SPECIAL PURPOSE DEPOSITORY INSTITUTIONS

(a)At all times, a special purpose depository institution shall maintain unencumbered liquid assets valued at not less than one hundred percent (100%) of its depository liabilities.

(b)As used in this section, "liquid assets" means:

(i)United States currency held on the premises of the special purpose depository institution;

(ii)United States currency held for the special purpose depository institution by a federal reserve bank or a federally insured financial institution;

(iii)Investments which are highly liquid, including those specified by W.S. 13-3-202 and obligations of the United States treasury or other federal agency obligations, consistent with rules adopted by the commissioner.

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(a) At all times, a special purpose depository institution
shall maintain unencumbered liquid assets valued at not less
than one hundred percent (100%) of its depository liabilities.
(b) As used in this section, "liquid assets" means:
(i) United States currency held on the premises of
the special purpose depository institution;
(ii) United States currency held for the special
purpose depository institution by a federal reserve bank or a
federally insured financial institution;
(iii) Investments which are highly liquid, including
those specified by W.S. 13-3-202 and obligations of the United
States treasury or other federal agency obligations, consistent
with rules adopted by the commissioner.

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