Wyoming § 13-6-401 When state banking commissioner to take charge;
refusal to so permit

Wyoming Statutes

§ 13-6-401 — When state banking commissioner to take charge; refusal to so permit

Wyoming § 13-6-401

Title 13Banks, Banking and Finance

Ch. 6SAVINGS AND LOAN ASSOCIATIONS

Art. 4LIQUIDATION

This text of Wyoming § 13-6-401 (When state banking commissioner to take charge; refusal to so permit) 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. § 13-6-401 (2026).

Text

(a)If it appears to the state banking commissioner that the affairs of any savings and loan association are in an unsound condition or that it is conducting its business in an unsafe or unlawful manner, the state banking commissioner may take possession of all books, records and assets of the association and hold them pending further proceedings.

(b)If the person in charge of the association refuses to permit the state banking commissioner to take possession, the state banking commissioner shall inform the attorney general who shall take whatever action is necessary to place the state banking commissioner in immediate possession of the property of the association.

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(a) If it appears to the state banking commissioner that
the affairs of any savings and loan association are in an
unsound condition or that it is conducting its business in an
unsafe or unlawful manner, the state banking commissioner may
take possession of all books, records and assets of the
association and hold them pending further proceedings.
(b) If the person in charge of the association refuses to
permit the state banking commissioner to take possession, the
state banking commissioner shall inform the attorney general who
shall take whatever action is necessary to place the state
banking commissioner in immediate possession of the property of
the association.