Propose a change

Title 40 Trade and Commerce

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

40-29-107. Revocation or suspension of financial technology sandbox authorization.

(a) The commissioner or secretary may, by order, revoke or suspend authorization granted to a person under W.S. 40-29-104(f) if: (i) The person has violated or refused to comply with this act or any lawful rule, order or decision adopted by the commissioner or secretary; (ii) A fact or condition exists that, if it had existed or become known at the time of the financial technology sandbox application, would have warranted denial of the application or the imposition of material conditions; (iii) A material error, false statement, misrepresentation or material omission was made in the financial technology sandbox application; or (iv) After consultation with the person, continued testing of the innovative financial product or service would: (A) Be likely to harm consumers; or (B) No longer serve the purposes of this act because of the financial or operational failure of the product or service. (b) Written notification of a revocation or suspension order made under subsection (a) of this section shall be served using any means authorized by law, and if the notice relates to a suspension, include any conditions or remedial action which shall be completed before the suspension will be lifted by the commissioner or secretary.

Your change, as a redline

40-29-107. Revocation or suspension of financial technology sandbox authorization.

(a) The commissioner or secretary may, by order, revoke or suspend authorization granted to a person under W.S. 40-29-104(f) if: (i) The person has violated or refused to comply with this act or any lawful rule, order or decision adopted by the commissioner or secretary; (ii) A fact or condition exists that, if it had existed or become known at the time of the financial technology sandbox application, would have warranted denial of the application or the imposition of material conditions; (iii) A material error, false statement, misrepresentation or material omission was made in the financial technology sandbox application; or (iv) After consultation with the person, continued testing of the innovative financial product or service would: (A) Be likely to harm consumers; or (B) No longer serve the purposes of this act because of the financial or operational failure of the product or service. (b) Written notification of a revocation or suspension order made under subsection (a) of this section shall be served using any means authorized by law, and if the notice relates to a suspension, include any conditions or remedial action which shall be completed before the suspension will be lifted by the commissioner or secretary.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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