Wyoming Statutes

§ 40-22-114 — Changes in control of a licensee

Wyoming·Title 40 Trade and Commerce·Ch. 22 WYOMING MONEY TRANSMITTERS ACT
(a)A licensee shall give the commissioner written notice of a proposed change of control within fifteen (15) business days after learning of the proposed change of control.
(b)The commissioner may require the licensee to provide additional information concerning the proposed persons in control of the licensee. The additional information shall be limited to the same types required of the licensee or persons in control of the licensee as part of its original license or renewal application.
(c)The licensee shall reapply and submit the required fees established by rule, not to exceed three thousand dollars ($3,000.00) for a new license upon a change in the control of the licensee as determined by the commissioner. The license is not transferable nor assignable to the new persons in control

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