Wyoming Statutes
§ 40-29-105 — Financial technology innovation account
(a)There is created the financial technology innovation
account. Funds within the account shall only be expended by
legislative appropriation. All funds within the account shall be
invested by the state treasurer and all investment earnings from
the account shall be credited to the general fund. The account
shall be divided into two (2) subaccounts controlled by the
commissioner and secretary, respectively, for the purposes of
administrative management. For the purposes of accounting and
investing only, the subaccounts shall be treated as separate
accounts.
(b)Subject to legislative appropriation, application fees
remitted to the account pursuant to W.S. 40-29-104(e) shall be
deposited into the subaccount controlled by the commissioner or
secretary, as applicable, based on the receiving
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Nearby Sections
9
§ 40-29-101
Short title§ 40-29-102
Definitions§ 40-29-104
Financial technology sandbox application;
standards for approval; consumer protection bond§ 40-29-105
Financial technology innovation account§ 40-29-106
Operation of financial technology sandbox§ 40-29-108
Extension of sandbox period