Wyoming Statutes

§ 13-3-102 — Loans to executive officers, directors, principal shareholders or others with ownership interests

Wyoming § 13-3-102
JurisdictionWyoming
Title 13Banks, Banking and Finance
Ch. 3BANKING OPERATIONS
Art. 1GENERALLY

This text of Wyoming § 13-3-102 (Loans to executive officers, directors, principal shareholders or others with ownership interests) 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. § 13-3-102 (2026).

Text

No bank shall loan any of its funds to executive officers, directors or to any person owning or controlling ten percent (10%) or more of the bank's or its bank holding company's voting ownership interests, or to any person in which any of the executive officers, directors or owners or controllers are interested except upon the written application of the person and then only with the prior approval of a majority of the board of directors. The approval of the loan, if allowed, shall be made a part of the records of the directors' meeting.

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Bluebook (online)
Wyoming § 13-3-102, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/3/13-3-102.