§ 13-9-307 — Definitions

Wyoming § 13-9-307

• Jurisdiction: Wyoming
• Title 13: Banks, Banking and Finance
• Ch. 9: BANK RELATED ORGANIZATIONS
• Art. 3: INTERSTATE BANKING - ACQUISITIONS OF BANKS

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(a) For purposes of this article:
(i) "Acquire" means:
(A) For a company to merge or consolidate with a
bank holding company;
(B) For a company to assume direct or indirect
ownership or control of:
(I) More than twenty-five percent (25%) of
any class of voting ownership interests of a bank holding
company or a bank, if the acquiring company was not a bank
holding company prior to the acquisition;
(II) More than five percent (5%) of any
class of voting ownership interests of a bank holding company or
a bank, if the acquiring company was a bank holding company
prior to the acquisition; or
(III) All or substantially all of the
assets of a bank holding company or a bank; or
(C) For a company to take any other action that
results in the direct or indirect acquisition of control by the
company of a bank holding company or a bank.
(ii) "Affiliate" means as defined in W.S.
13-2-802(a)(i);
(iii) "Bank" has the meaning set forth in the Bank
Holding Company Act, 12 U.S.C. section 1841(c);
(iv) "Bank Holding Company Act" means the federal
Bank Holding Company Act of 1956, as amended, 12 U.S.C. section
1841 et seq.;
(v) "Bank supervisory agency" means as defined in
W.S. 13-2-802(a)(iii);
(vi) "Branch" means as defined in W.S.
13-2-802(a)(iv);
(vii) "Company" has the same meaning as "bank holding
company" as defined in W.S. 13-1-101;
(viii) "Control" shall be construed consistently with
the provisions of 12 U.S.C. section 1841(a)(2);
(ix) "Deposit" has the meaning set forth in 12 U.S.C.
section 1813(l);
(x) "Foreign bank holding company" means a bank
holding company that is organized under the laws of a country
other than the United States, including any territory or
possession thereof;
(xi) "Home state supervisor" means, with respect to
an out-of-state bank holding company, the bank supervisory
agency of the state in which the company maintains its principal
place of business;
(xii) "Insured depository institution" means as
defined in W.S. 13-2-802(a)(ix);
(xiii) "Out-of-state bank holding company" means:
(A) A bank holding company that is not a Wyoming
bank holding company; and
(B) Unless the context requires otherwise,
includes a foreign bank holding company.
(xiv) "Principal place of business" of a bank holding
company means the state in which the total deposits of its bank
subsidiaries were the greatest on the later of July 1, 1966, or
the date on which the company became a bank holding company;
(xv) "State" means as defined in W.S.
13-2-802(a)(xiv);
(xvi) "Wyoming bank" means a bank that is:
(A) Organized under W.S. 13-2-201 through
13-2-215; or
(B) Organized under federal law and having its
principal place of business in this state.
(xvii) "Wyoming bank holding company" means a bank
holding company that:
(A) Had its principal place of business in this
state on July 1, 1966, or the date on which it became a bank
holding company, whichever is later; and
(B) Is not controlled by a bank holding company
other than a Wyoming bank holding company.
(xviii) "Out-of-state state bank" means as defined by
W.S. 13-2-802(a)(xii).