Wyoming § 13-2-901 Purpose

Wyoming Statutes

§ 13-2-901 — Purpose

Wyoming·Title 13 Banks, Banking and Finance·Ch. 2 ORGANIZATION OF BANKS·Art. 9 FOREIGN BRANCH BANKING

(a)This article is intended generally to ensure that:

(i)Interstate state branches of out-of-state foreign banks may be established and operated in this state:

(A)To the extent consistent with the provisions of 12 U.S.C. section 3103; and

(B)Under terms and conditions that are comparable to and no less favorable than those applicable to the establishment of interstate federal branches in this state by out-of-state foreign banks.

(ii)The laws and regulations of this state applicable to the establishment of interstate state branches in this state by out-of-state banks do not, in a manner inconsistent with the laws and policies of the United States, discriminate against the establishment of interstate state branches in this state by out-of-state domestic banks that are owned or controlle

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(a) This article is intended generally to ensure that:
(i) Interstate state branches of out-of-state foreign
banks may be established and operated in this state:
(A) To the extent consistent with the provisions
of 12 U.S.C. section 3103; and
(B) Under terms and conditions that are
comparable to and no less favorable than those applicable to the
establishment of interstate federal branches in this state by
out-of-state foreign banks.
(ii) The laws and regulations of this state
applicable to the establishment of interstate state branches in
this state by out-of-state banks do not, in a manner
inconsistent with the laws and policies of the United States,
discriminate against the establishment of interstate state
branches in this state by out-of-state domestic banks that are
owned or controlled by foreign banks or other foreign persons.