Wyoming Statutes

§ 13-12-125 — Willful failure to perform duties imposed by law; removal

Wyoming § 13-12-125

JurisdictionWyoming

Title 13Banks, Banking and Finance

Ch. 12SPECIAL PURPOSE DEPOSITORY INSTITUTIONS

This text of Wyoming § 13-12-125 (Willful failure to perform duties imposed by law; removal) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 13-12-125 (2026).

Text

(a)Each officer, director, employee or agent of a special purpose depository institution, following written notice from the commissioner, is subject to removal upon order of the commissioner if he knowingly or willfully fails to:

(i)Perform any duty required by this act or other applicable law; or

(ii)Conform to any rule or order of the commissioner.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15

§ 13-12-101

§ 13-12-102

Applicability of other provisions

§ 13-12-103

Special purpose depository institutions created as corporations; operating authority; powers; prohibition on lending

§ 13-12-104

Requirements relating to depositors; nature of business

§ 13-12-105

Required liquid assets

§ 13-12-106

Required contingency account

§ 13-12-107

Applicable federal and state laws

§ 13-12-108

Required disclosures

§ 13-12-109

Formation; articles of incorporation

§ 13-12-110

Required initial capital and surplus; additional capital

§ 13-12-111

(b) The articles of incorporation shall include the following information: (i) The corporate name; (ii) The object for which the corporation is organized; (iii) The term of its existence, which may be perpetual; (iv) The place where its office shall be located and its operations conducted; (v) The amount of capital stock and the number of shares; (vi) The name and residence of each shareholder subscribing to more than ten percent (10%) of the stock and the number of shares owned by that shareholder; (vii) The number of directors and the names of those who shall manage the affairs of the corporation for the first year; and (viii) A statement that the articles of incorporation are made to enable the incorporators to avail themselves of the advantages of the laws of the state

§ 13-12-112

Procedure upon filing application

§ 13-12-113

Procedure for hearings on charter applications

§ 13-12-114

Investigation and examination by commissioner

§ 13-12-115

Approval or disapproval of application; criteria for approval; action upon application

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Wyoming § 13-12-125, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/12/13-12-125.