Wyoming Statutes

§ 13-4-205 — Impairment of capital; failure to restore

Wyoming § 13-4-205
JurisdictionWyoming
Title 13Banks, Banking and Finance
Ch. 4REORGANIZATION OF BANKS
Art. 2INSOLVENCY

This text of Wyoming § 13-4-205 (Impairment of capital; failure to restore) 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. § 13-4-205 (2026).

Text

If any board of directors fails to comply with any request to restore an impairment of capital for a period of more than thirty (30) days after a request is made by the state banking commissioner, the bank is conclusively presumed to be insolvent and the state banking commissioner shall immediately take possession of the bank and proceed to liquidate it as provided by law.

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Bluebook (online)
Wyoming § 13-4-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/4/13-4-205.