021-11 Wyo. Code R. § 11-1

Current through April 27, 2019
Section 11-1 - Authority; Scope

(a) This Chapter is promulgated in part pursuant to W.S. 13-2-702.

(b) This Chapter applies only to banks. It does not apply to the establishment of a de novo interstate branch of a national bank or an out-of-state bank, as such topics are governed by article 7 of chapter 2 of the banking statutes. It also does not apply to intrastate branching by a national bank or an out-of-state bank that has its main office or any branch in Wyoming, as such topics are governed by federal law or by the other state's law. The Commissioner has determined that banks should be authorized to purchase Wyoming branch banks from other depository institutions by means of purchase and assumption transactions to ensure that banks may maintain an equal competitive position with national banks.

021-11 Wyo. Code R. § 11-1

Amended, Eff. 9/8/2017.