Wyoming Statutes
§ 40-29-108 — Extension of sandbox period
(a)A person granted authorization under W.S. 40-29-104(f)
may apply for an extension of the initial sandbox period for not
more than twelve (12) additional months. An application for an
extension shall be made not later than sixty (60) days before
the conclusion of the initial sandbox period specified by the
commissioner or secretary. The commissioner or secretary shall
approve or deny the application for extension in writing not
later than thirty-five (35) days before the conclusion of the
initial sandbox period. An application for extension by a person
shall cite one (1) of the following reasons as the basis for the
application and provide all relevant supporting information
that:
(i)Statutory or rule amendments are necessary to
conduct business in Wyoming on a permanent basis; or
(ii)
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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