Wyoming Statutes

§ 13-4-604 — Termination; effect on payments and notice

Wyoming·Title 13 Banks, Banking and Finance·Ch. 4 REORGANIZATION OF BANKS·Art. 6 CONSERVATORSHIP
(a)Fifteen (15) days after the affairs of a bank have been turned back to its board of directors by the conservator the provisions of W.S. 13-4-602 shall no longer be effective.
(b)Before the conservator turns back the affairs of the bank to its board of directors he shall give notice in a newspaper of general circulation in the community in which the bank is located. The notice shall state the date on which the affairs of the bank will be returned to its board of directors and that the provisions of W.S. 13-4-602 will not be effective fifteen (15) days after that date. On the date of the publication of the notice, the conservator shall send to every depositor under W.S. 13-4-602 a copy of the notice by registered mail addressed to his last known address on the records of the bank and a

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 13-4-604 (Termination; effect on payments and notice) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗