Wyoming § 13-5-414 Fidelity bonds; insurance

Wyoming Statutes

§ 13-5-414 — Fidelity bonds; insurance

Wyoming § 13-5-414

Title 13Banks, Banking and Finance

Ch. 5TRUST COMPANIES

Art. 4SUPERVISED TRUST COMPANIES

This text of Wyoming § 13-5-414 (Fidelity bonds; insurance) 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. § 13-5-414 (2026).

Text

(a)The directors or managers of a supervised trust company shall obtain fidelity bonds of not less than one million dollars ($1,000,000.00) providing coverage for any active officers, managers, members acting in a managerial capacity and employees, whether or not they receive a salary or other compensation from the supervised trust company, to indemnify the supervised trust company against loss because of any dishonest, fraudulent or criminal act or omission by any of the persons bonded, acting alone or in combination with any other person. The bonds may be in any form and may be paid for by the supervised trust company.

(b)A supervised trust company may also procure property and casualty insurance of a nature and with such coverage amounts as the supervised trust company deems advisable

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(a) The directors or managers of a supervised trust
company shall obtain fidelity bonds of not less than one million
dollars ($1,000,000.00) providing coverage for any active
officers, managers, members acting in a managerial capacity and
employees, whether or not they receive a salary or other
compensation from the supervised trust company, to indemnify the
supervised trust company against loss because of any dishonest,
fraudulent or criminal act or omission by any of the persons
bonded, acting alone or in combination with any other person.
The bonds may be in any form and may be paid for by the
supervised trust company.
(b) A supervised trust company may also procure property
and casualty insurance of a nature and with such coverage
amounts as the supervised trust company deems advisable.