Special Purpose Depository Institutions Act

Overview

This chapter may be cited as the "Special Purpose Depository Institutions Act." 13-12-102. Applicability of other provisions. (a) Except as otherwise provided in subsections (b) and (c) of this section, all other provisions of this title shall apply to this chapter. (b) The following provisions of this title shall not apply to this chapter: (i) W.S. 13-1-101(a)(vii); (ii) W.S. 13-1-201; (iii) W.S. 13-2-101; (iv) W.S. 13-2-201 through 13-2-214 except as otherwise provided in W.S. 13-2-216; (v) W.S. 13-2-301; (vi) W.S. 13-2-709; (vii) W.S. 13-3-102; (viii) W.S. 13-3-203; (ix) W.S. 13-3-401 through 13-3-405; (x) W.S. 13-3-701 through 13-3-703; (xi) W.S. 13-4-201 and 13-4-202(a)(i) through (iii); (xii) W.S. 13-4-206; (xiii) W.S. 13-4-302; and (xiv) W.S. 13-5-101 through 13-8-302, except as otherwise provided in W.S. 13-5-523. (c) If any provision of law conflicts with this chapter, this chapter shall control.

Sections covered

• Wyo. Stat. Ann. § 13-12-101Short title
• Wyo. Stat. Ann. § 13-12-103Special purpose depository institutions created as corporations; operating authority; powers; prohibition on lending
• Wyo. Stat. Ann. § 13-12-104Requirements relating to depositors; nature of business
• Wyo. Stat. Ann. § 13-12-105Required liquid assets
• Wyo. Stat. Ann. § 13-12-106BANKS, BANKING AND FINANCE › SPECIAL PURPOSE DEPOSITORY INSTITUTIONS
• Wyo. Stat. Ann. § 13-12-107Applicable federal and state laws
• Wyo. Stat. Ann. § 13-12-108Required disclosures
• Wyo. Stat. Ann. § 13-12-109Formation; articles of incorporation
• Wyo. Stat. Ann. § 13-12-110Required initial capital and surplus; additional capital
• Wyo. Stat. Ann. § 13-12-111Application for charter; fee; subaccount created
• Wyo. Stat. Ann. § 13-12-112Procedure upon filing application
• Wyo. Stat. Ann. § 13-12-113Procedure for hearings on charter applications
• Wyo. Stat. Ann. § 13-12-114Investigation and examination by commissioner
• Wyo. Stat. Ann. § 13-12-115Approval or disapproval of application; criteria for approval; action upon application
• Wyo. Stat. Ann. § 13-12-116Certificate of authority to commence business required; application; approval or denial; failure to commence business
• Wyo. Stat. Ann. § 13-12-117Decisions by board appealable; grounds
• Wyo. Stat. Ann. § 13-12-118Surety bond; pledged investments; investment income; bond or pledge increases; hearings
• Wyo. Stat. Ann. § 13-12-119Reports and examinations; supervisory fees; required private insurance or bond
• Wyo. Stat. Ann. § 13-12-120Suspension or revocation of charter
• Wyo. Stat. Ann. § 13-12-121Continuing jurisdiction
• Wyo. Stat. Ann. § 13-12-122Failure of institution; unsound or unsafe condition; applicability of other insolvency and conservatorship provisions; special purpose depository institution resolution fund account
• Wyo. Stat. Ann. § 13-12-123Voluntary dissolution of special purpose depository institution; liquidation; reorganization; application for dissolution; filing fee; filing with the secretary of state; revocation of charter
• Wyo. Stat. Ann. § 13-12-124Failure to submit required report; fees; rules
• Wyo. Stat. Ann. § 13-12-125Willful failure to perform duties imposed by law; removal
• Wyo. Stat. Ann. § 13-12-126Rules
• Wyo. Stat. Ann. § 13-12-127Conversion of state bank into special purpose depository institution