Wyoming § 13-3-302 Bad debts

Wyoming Statutes

§ 13-3-302 — Bad debts

Wyoming·Title 13 Banks, Banking and Finance·Ch. 3 BANKING OPERATIONS·Art. 3 ACCOUNTING PRACTICES

All demand and matured debts due to any bank on which interest
has not been paid for a period of at least twelve (12) months,
unless in the judgment of the state banking commissioner the
debts are well secured or are in the process of collection, are
bad debts and shall be charged in whole or in part to the
reserve for losses or to undivided profits upon instructions of
the state banking commissioner or any duly appointed examiner.

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All demand and matured debts due to any bank on which interest
has not been paid for a period of at least twelve (12) months,
unless in the judgment of the state banking commissioner the
debts are well secured or are in the process of collection, are
bad debts and shall be charged in whole or in part to the
reserve for losses or to undivided profits upon instructions of
the state banking commissioner or any duly appointed examiner.

Wyoming § 13-3-302 (Bad debts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.