Wyoming § 13-4-101 Change in place of business

Wyoming Statutes

§ 13-4-101 — Change in place of business

Wyoming § 13-4-101

Title 13Banks, Banking and Finance

Ch. 4REORGANIZATION OF BANKS

Art. 1MERGER, CONVERSION, CHANGE IN PLACE OF BUSINESS

This text of Wyoming § 13-4-101 (Change in place of business) 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. § 13-4-101 (2026).

Text

(a)Any bank may apply in writing to the state banking commissioner for permission to change its place of business to any other municipality in the state. The application shall be accompanied by a fee established by rule and regulation of the commissioner and shall state the reasons for the proposed change, be signed by a majority of its board of directors and accompanied by the written assent to the application by the stockholders owning at least two-thirds (2/3) of its stock. The application fee shall be deposited by the state banking commissioner with the state treasurer and credited to the financial institutions administration account. Expenditures shall be made from the account by warrants drawn by the state auditor, upon vouchers issued and signed by the director or commissioner. Fun

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(a) Any bank may apply in writing to the state banking
commissioner for permission to change its place of business to
any other municipality in the state. The application shall be
accompanied by a fee established by rule and regulation of the
commissioner and shall state the reasons for the proposed
change, be signed by a majority of its board of directors and
accompanied by the written assent to the application by the
stockholders owning at least two-thirds (2/3) of its stock. The
application fee shall be deposited by the state banking
commissioner with the state treasurer and credited to the
financial institutions administration account. Expenditures
shall be made from the account by warrants drawn by the state
auditor, upon vouchers issued and signed by the director or
commissioner. Funds from the account shall be expended only to
carry out the duties of the commissioner or the state banking
board.
(b) If the state banking commissioner determines that the
change may be desirable, he shall hold a hearing upon the
application pursuant to the Wyoming Administrative Procedure
Act.
(c) The applicant shall publish notice of the hearing once
a week for three (3) consecutive weeks in a newspaper of general
circulation in all municipalities affected by the change. At the
conclusion of the hearing if the state banking commissioner
finds that a change of location is desirable and in the best
interests of the bank and the municipality to which the bank is
proposing to move, he shall grant a certificate authorizing the
change of location.