§ 13-12-120 — Suspension or revocation of charter

(a) The commissioner may suspend or revoke the charter of
a special purpose depository institution if, after notice and
opportunity for a hearing, the commissioner determines that:
(i) The special purpose depository institution has
failed or refused to comply with an order issued under W.S. 13-
10-201 through 13-10-209;
(ii) The application for a charter contained a false
statement or material misrepresentation or material omission; or
(iii) An officer, director or agent of the special
purpose depository institution, in connection with an
application for a charter, examination, report or other document
filed with the commissioner, knowingly made a false statement,
material misrepresentation or material omission to the board,
the commissioner or the duly authorized agent of the board or
commissioner.