Statutes, codes, and regulations
Wyoming Statutes
Title 13 - BANKS, BANKING AND FINANCEChapter 4 - REORGANIZATION OF BANKS
Article 4 - COLLECTIONS OF ASSETS
Section 13-4-404 - Rejection of claims; allowance of late claims

Wyo. Stat. § 13-4-404

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Current through the 2024 legislative session
Section 13-4-404 - Rejection of claims; allowance of late claims

If the state banking commissioner doubts the validity of any claim he may reject it and serve notice of the rejection upon the claimants either by mail or personally. An affidavit of the service of the notice, which is prima facie evidence of the service, shall be filed in his office. An action upon a rejected claim must be brought within six (6) months after the service. Claims presented and allowed after the expiration of the time fixed in the notice to creditors shall be paid the amount of all prior dividends if there are sufficient funds and share equitably in the distribution of the remaining assets in the hands of the state banking commissioner.

W.S. 13-4-404