Wyoming Statutes
§ 13-2-302 — Issue of stock
Wyoming·Title 13 Banks, Banking and Finance·Ch. 2 ORGANIZATION OF BANKS·Art. 3 CAPITAL REQUIREMENTS,
(a)A bank shall not issue any share of stock until the
par value of the share has been actually paid in cash.
(b)Pursuant to appropriate authority granted in its
articles of incorporation, a bank may issue any type of capital
stock, including nonvoting shares, authorized under title 17 of
the Wyoming statutes. Consistent with subsection (c) of this
section, the articles of incorporation of a bank may specify any
form of shareholder voting rights.
(c)If the articles of incorporation of a bank provide
shareholder voting rights that are different than those provided
under W.S. 13-2-307, 13-2-308(a), 13-2-309(a), 13-2-402(e), 13-
4-101(a) or 13-4-701(b) or (d), the articles of incorporation of
the bank shall control, subject to any approval of the
commissioner required under those sections.
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Nearby Sections
15
§ 13-2-101
Generally§ 13-2-102
Perpetual duration§ 13-2-103
Federal deposit insurance§ 13-2-201
Organization and application§ 13-2-202
Articles of incorporation§ 13-2-203
Repealed by Laws 1988, ch. 59, §§ 1,2§ 13-2-204
Repealed by Laws 1991, ch. 175, § 3§ 13-2-205
Repealed by Laws 1991, ch. 175, § 3§ 13-2-208
Application filing fee§ 13-2-210
Emergency charters; fees