Wyoming § 13-2-302 Issue of stock

Wyoming Statutes

§ 13-2-302 — Issue of stock

Wyoming § 13-2-302

Title 13Banks, Banking and Finance

Ch. 2ORGANIZATION OF BANKS

Art. 3CAPITAL REQUIREMENTS,

This text of Wyoming § 13-2-302 (Issue of stock) 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. § 13-2-302 (2026).

Text

(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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(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.