Wyoming Statutes
§ 13-4-306 — When bank permitted to continue business
(a)If the state banking commissioner discovers upon
taking possession of a bank that the bank is only temporarily
embarrassed for want of available funds and that the bank's
assets are sufficient to pay its liabilities leaving its capital
unimpaired, or if the stockholders of the bank make good its
capital, he may permit the officers and directors of the bank to
arrange with the depositors and creditors for resumption of
business by the bank.
(b)The bank when permitted to continue business shall pay
all expenses of the state banking commissioner in taking charge
of the bank and looking after its affairs while under his
control including a per diem of ten dollars ($10.00).
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Nearby Sections
15
§ 13-4-101
Change in place of business§ 13-4-102
Amendment to articles of incorporation§ 13-4-103
Cancellation of charter§ 13-4-104
Merger or conversion into state bank; branch
banking by merger or consolidation; application fees§ 13-4-106
Approval of merger by stockholders§ 13-4-107
Publication of merger notice§ 13-4-110
Dissenting shareholders§ 13-4-111
Effect of merger or conversion§ 13-4-112
Time for conforming to state law§ 13-4-113
Transfer of assets and liabilities§ 13-4-114
Changing of state to national bank§ 13-4-201
Conditions