Wyoming § 13-6-202 Capitalization

Wyoming Statutes

§ 13-6-202 — Capitalization

Wyoming § 13-6-202

Title 13Banks, Banking and Finance

Ch. 6SAVINGS AND LOAN ASSOCIATIONS

Art. 2ORGANIZATIONAL REQUIREMENTS

This text of Wyoming § 13-6-202 (Capitalization) 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. § 13-6-202 (2026).

Text

(a)Except as otherwise provided in this subsection, associations shall have permanent nonwithdrawable capital stock of one hundred dollars ($100.00) per share and this stock shall be subscribed for as fully paid stock. An association other than a mutual savings and loan association shall not organize with a capital stock less than five hundred thousand dollars ($500,000.00). In a mutual savings and loan association without capital stock, the association shall not organize with less than five hundred thousand dollars ($500,000.00) in initial capital.

(b)If an association has par value capital stock outstanding of less than one percent (1%) of its savings and investment accounts outstanding, it shall either increase its capital stock to at least one percent (1%) of such outstanding savings

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(a) Except as otherwise provided in this subsection,
associations shall have permanent nonwithdrawable capital stock
of one hundred dollars ($100.00) per share and this stock shall
be subscribed for as fully paid stock. An association other than
a mutual savings and loan association shall not organize with a
capital stock less than five hundred thousand dollars
($500,000.00). In a mutual savings and loan association without
capital stock, the association shall not organize with less than
five hundred thousand dollars ($500,000.00) in initial capital.
(b) If an association has par value capital stock
outstanding of less than one percent (1%) of its savings and
investment accounts outstanding, it shall either increase its
capital stock to at least one percent (1%) of such outstanding
savings accounts or discontinue the acceptance of savings and
investment accounts until this amount of capital is provided.
This subsection shall not apply to a mutual savings and loan
association.