Current through the 2024 Budget Session
Section 13-12-105 - Required liquid assets(a) At all times, a special purpose depository institution shall maintain unencumbered liquid assets valued at not less than one hundred percent (100%) of its depository liabilities.(b) As used in this section, "liquid assets" means:(i) United States currency held on the premises of the special purpose depository institution;(ii) United States currency held for the special purpose depository institution by a federal reserve bank or a federally insured financial institution;(iii) Investments which are highly liquid, including those specified by W.S. 13-3-202 and obligations of the United States treasury or other federal agency obligations, consistent with rules adopted by the commissioner.Added by Laws 2019 , ch. 92, § 2, eff. 10/1/2019.