Change 1 Article Choose an article 13-1-101. Definitions. 13-1-201. General applicability. 13-1-202. Foreign corporations. 13-1-203. Compliance required. 13-1-204. Use of terms or names. 13-1-205. Financial institutions; consumer reports; encumbrance of assets; immunity. 13-1-206. Financial institutions; fiduciary and custodial accounts; bankruptcy and receivership treatment. 13-1-301. Banks. 13-1-401. Definitions. 13-1-402. Disclosure of date when account opened; exception; penalty. 13-1-501. Definitions. 13-1-502. Remote electronic terminals. 13-1-601. State banking commissioner; designation; appointment; removal. 13-1-602. State banking commissioner; qualifications; compensation. 13-1-603. State banking commissioner; powers and duties. 13-1-604. State banking board created; purpose; membership; appointment; qualifications; term of office. 13-1-605. State banking board; meetings; compensation; purpose. 13-1-606. State banking board; procedures and practices. 13-1-701. Definitions. 13-1-702. Reporting financial exploitation of vulnerable adults. 13-1-703. Notifying third parties of suspected financial exploitation of vulnerable adults. 13-1-704. Temporary hold on transactions. 13-1-705. Immunity. 13-1-706. Records. 13-1-801. Definitions. 13-1-802. Open banking authorized; regulation. 13-2-101. Generally. 13-2-102. Perpetual duration. 13-2-103. Federal deposit insurance. 13-2-201. Organization and application. 13-2-202. Articles of incorporation. 13-2-203. Repealed by Laws 1988, ch. 59, §§ 1,2. 13-2-204. Repealed by Laws 1991, ch. 175, § 3. 13-2-205. Repealed by Laws 1991, ch. 175, § 3. 13-2-206. Renumbered as § 13-1-606 by Laws 1993, ch. 115, § 2. 13-2-207. Procedure upon filing of articles of incorporation, application and other information. 13-2-208. Application filing fee. 13-2-209. Procedure for hearings on charter applications. 13-2-210. Emergency charters; fees. 13-2-211. Investigation and examination by banking commissioner. 13-2-212. Approval or disapproval of application; criteria 13-2-213. Certificate of authority to commence business 13-2-214. Decisions by board appealable; grounds. 13-2-215. Report of interests in financial institutions by state banking commissioner and board members. 13-2-216. Conversion of special purpose depository institution into state bank. 13-2-301. Requirements as to capital. 13-2-302. Issue of stock. 13-2-303. Increase or reduction of capital stock. 13-2-304. Transfer of stock and other ownership interests. 13-2-305. Purchase or acceptance of own capital stock. 13-2-306. Stock register; inspection. 13-2-307. Voting by shareholders generally; balloting for directors. 13-2-308. Preferred stock. 13-2-309. Issuance of capital notes or debentures; generally. 13-2-310. Issuance of capital notes or debentures; approval by state banking commissioner. 13-2-311. Capital notes or debentures; provisions to be stated. 13-2-312. Capital notes or debentures; conversion into common or preferred stock. 13-2-313. Capital notes or debentures; no assessment or liability. 13-2-314. Capital notes or debentures; proceeds not part of capital or surplus. 13-2-401. Authority to manage banks; qualifications. 13-2-402. Election; term; vacancies; number. 13-2-403. Meetings; record of proceedings and business. 13-2-404. Liability. 13-2-405. Repealed by Laws 1992, ch. 46, § 2. 13-2-501. Repealed by Laws 1981, ch. 29, § 1. 13-2-502. Repealed by Laws 1981, ch. 29, § 1. 13-2-503. Repealed by Laws 1981, ch. 29, § 1. 13-2-601. Repealed By Laws 1997, ch. 75, § 3. 13-2-602. Repealed By Laws 1997, ch. 75, § 3. 13-2-603. Repealed By Laws 1997, ch. 75, § 3. 13-2-604. Repealed By Laws 1997, ch. 75, § 3. 13-2-605. Repealed By Laws 1997, ch. 75, § 3. 13-2-606. Repealed By Laws 1997, ch. 75, § 3. 13-2-607. Repealed By Laws 1997, ch. 75, § 3. 13-2-701. Definitions. 13-2-702. Authorization; application; fee; activities; examination; criteria. 13-2-703. Amendment to articles of incorporation. 13-2-704. Closing of a branch. 13-2-705. Bank facility not a branch. 13-2-706. No limits on authority of existing branches and banks. 13-2-707. Prohibition on foreign bank branching. 13-2-708. Antitrust laws. 13-2-709. Loan production offices; activities; notification; examination; name. 13-2-801. Repealed By Laws 2013, Ch. 24, § 2. 13-2-802. Definitions. 13-2-803. Authority of state banks to establish interstate branches. 13-2-804. Interstate merger transactions and branching permitted. 13-2-805. Notice and filing requirements; license fee. 13-2-806. Powers; additional branches. 13-2-807. Examinations; periodic reports; cooperative agreements; assessment of fees. 13-2-808. Enforcement. 13-2-809. Repealed By Laws 1999, ch. 42, § 3. 13-2-810. Notice of subsequent merger. 13-2-901. Purpose. 13-2-902. Definitions. 13-2-903. Establishment of interstate branches by 13-2-904. Establishment of interstate branches by 13-3-101. Bond required of officers and employees. 13-3-102. Loans to executive officers, directors, principal shareholders or others with ownership interests. 13-3-103. Preference to depositors or creditors prohibited; exceptions. 13-3-104. Repealed By Laws 1999, ch. 42, § 3. 13-3-201. Acquisition of real estate. 13-3-202. Investment in stock of other corporations. 13-3-203. Borrowing. 13-3-204. Operating subsidiaries; application; fee; new activities. 13-3-301. Losses to be charged to surplus fund. 13-3-302. Bad debts. 13-3-303. Value of stocks held. 13-3-304. Dividends. 13-3-401. Real estate loans. 13-3-402. Individual indebtedness limitations; generally. 13-3-403. Individual indebtedness limitations; exceptions generally. 13-3-404. Individual indebtedness limitations; exceptions generally; federal obligations. 13-3-405. Acceptance of drafts and bills of exchange. 13-3-501. Retention generally. 13-3-502. Permanent records. 13-3-503. Records retained 3 years. 13-3-504. Requirements of state banking commissioner. 13-3-505. State banking commissioner to issue rules. 13-3-506. Duty to produce. 13-3-507. Reproduction. 13-3-601. Renumbered as § 2-1-203 by Laws 1979, ch. 142, § 3. 13-3-602. Certified checks. 13-3-603. Nonpayment of instrument when person influenced by alcohol or drugs. 13-3-701. Reports to state banking commissioner. 13-3-702. Inspection of banks; fees. 13-3-703. Exchange with federal deposit insurance corporation and federal reserve system authorized. 13-3-704. Repealed By Laws 1999, ch. 42, § 3. 13-4-101. Change in place of business. 13-4-102. Amendment to articles of incorporation. 13-4-103. Cancellation of charter. 13-4-104. Merger or conversion into state bank; branch banking by merger or consolidation; application fees. 13-4-105. Approval of merger by directors and state banking commissioner; disapproval. 13-4-106. Approval of merger by stockholders. 13-4-107. Publication of merger notice. 13-4-108. When merger effective; certificate of merger. 13-4-109. Conversion of national bank, federally chartered 13-4-110. Dissenting shareholders. 13-4-111. Effect of merger or conversion. 13-4-112. Time for conforming to state law. 13-4-113. Transfer of assets and liabilities. 13-4-114. Changing of state to national bank. 13-4-201. Conditions. 13-4-202. Transactions deemed void. 13-4-203. Impairment of capital; generally. 13-4-204. Impairment of capital; reduction of capital. 13-4-205. Impairment of capital; failure to restore. 13-4-206. Voluntary liquidation. 13-4-207. Repealed by Laws 1988, ch. 59, § 1,2. 13-4-301. Notice to state banking commissioner. 13-4-302. Federal deposit insurance corporation as receiver, liquidator or subrogee. 13-4-303. When bank taken possession of; resumption of business. 13-4-304. Application by bank for injunction. 13-4-305. Appointment of deputy examiners. 13-4-306. When bank permitted to continue business. 13-4-401. General powers and duties of commissioner. 13-4-402. Notice to creditors. 13-4-403. Reports; inspection and filing. 13-4-404. Rejection of claims; allowance of late claims. 13-4-405. Objection to claims not rejected. 13-4-406. Deposit of money collected. 13-4-501. Expenses of liquidation first priority. 13-4-502. Preference to negotiable instruments. 13-4-503. Rights of secured creditors, depositors or creditors. 13-4-504. Reorganization. 13-4-505. Hearing to be set; order for distribution of assets. 13-4-506. Dividends; borrowing to pay dividends; court approval needed. 13-4-601. Appointment; duty of commissioner. 13-4-602. Withdrawal and deposits. 13-4-603. Termination; authority of commissioner. 13-4-604. Termination; effect on payments and notice. 13-4-701. Payment of stockholders. 13-4-702. Assets discovered after liquidation. 13-4-703. Unclaimed dividends and deposits. 13-5-101. Repealed by Laws 2019, ch. 13, § 2. 13-5-102. Repealed by Laws 2019, ch. 13, § 2. 13-5-103. Repealed by Laws 2019, ch. 13, § 2. 13-5-104. Repealed by Laws 2019, ch. 13, § 2. 13-5-105. Repealed by Laws 2019, ch. 13, § 2. 13-5-106. Repealed by Laws 2015, ch. 22, § 3. 13-5-107. Repealed by Laws 1993, ch. 51, § 3. 13-5-108. Renumbered as 13-5-401 by Laws 2019, ch. 13, § 3. 13-5-109. Renumbered as 13-5-409 by Laws 2019, ch. 13, § 3. 13-5-110. Renumbered as 13-5-410 by Laws 2019, ch. 13, § 3. 13-5-111. Renumbered as 13-5-415 by Laws 2019, ch. 13, § 3. 13-5-112. Renumbered as 13-5-416 by Laws 2019, ch. 13, § 3. 13-5-113. Renumbered as 13-5-417 by Laws 2019, ch. 13, § 3. 13-5-114. Renumbered as 13-5-418 by Laws 2019, ch. 13, § 3. 13-5-115. Renumbered as 13-5-413 by Laws 2019, ch. 13, § 3. 13-5-116. Renumbered as 13-5-419 by Laws 2019, ch. 13, § 3. 13-5-117. Renumbered as 13-5-412 by Laws 2019, ch. 13, § 3. 13-5-118. Renumbered as 13-5-420 by Laws 2019, ch. 13, § 3. 13-5-201. Repealed by Laws 2019, ch. 13, § 2. 13-5-202. Repealed by Laws 2019, ch. 13, § 2. 13-5-203. Repealed by Laws 2019, ch. 13, § 2. 13-5-204. Repealed by Laws 2019, ch. 13, § 2. 13-5-205. Renumbered as 13-5-603 by Laws 2019, ch. 13, § 3. 13-5-206. Renumbered as 13-5-604 by Laws 2019, ch. 13, § 4. 13-5-207. Renumbered as 13-5-302 by Laws 2019, ch. 13, § 3. 13-5-208. Renumbered as 13-5-605 by Laws 2019, ch. 13, § 4. 13-5-209. Renumbered as 13-5-606 by Laws 2019, ch. 13, § 3. 13-5-210. Renumbered as 13-5-601 by Laws 2019, ch. 13, § 3. 13-5-211. Renumbered as 13-5-602 by Laws 2019, ch. 13, § 3. 13-5-212. Repealed by Laws 2019, ch. 13, § 2. 13-5-213. Repealed by Laws 2019, ch. 13, § 2. 13-5-214. Renumbered as 13-5-411 by Laws 2019, ch. 13, § 3. 13-5-215. Renumbered as 13-5-607 by Laws 2019, ch. 13, § 3. 13-5-216. Renumbered as 13-5-414 by Laws 2019, ch. 13, § 3. 13-5-217. Renumbered as 13-5-608 by Laws 2019, ch. 13, § 3. 13-5-218. Renumbered as 13-5-522 by Laws 2019, ch. 13, § 3. 13-5-219. Renumbered as 13-5-424 by Laws 2019, ch. 13, § 3. 13-5-301. Definitions. 13-5-302. Naming convention; advertisement of trust company. 13-5-303. Trust company organized as limited liability company; applicability. 13-5-304. Applicability of chapter. 13-5-401. Laws applicable; matters of contract. 13-5-402. Records; retention generally. 13-5-403. Records; permanent records. 13-5-404. Records; records retained three years. 13-5-405. Records; requirements of state banking commissioner. 13-5-406. Records; state banking commissioner to issue rules. 13-5-407. Records; duty to produce records. 13-5-408. Records; reproduction. 13-5-409. Financial transactions. 13-5-410. Powers of the commissioner. 13-5-411. Reports to commissioner. 13-5-412. Failure to submit required report; fees; regulations. 13-5-413. Surety bond; pledged investments; investment income; bond or pledge increases; hearings. 13-5-414. Fidelity bonds; insurance. 13-5-415. Suspension or revocation of charter. 13-5-416. Continuing jurisdiction. 13-5-417. Insolvency; unsafe condition; receivership. 13-5-418. Order declaring supervised trust company properly wound up and dissolved. 13-5-419. Voluntary dissolution of supervised trust 13-5-420. Willful neglect to perform duties imposed by law 13-5-421. Change in place of business. 13-5-422. Amendment to organizational instrument. 13-5-423. Liability of directors, managers and officers. 13-5-424. Establishment of trust service offices; application. 13-5-425. Establishment of trust company branches; application; fee; activities; examination; criteria. 13-5-426. Mergers and acquisitions of supervised trust companies. 13-5-501. Formation and organizational instrument. 13-5-502. Procedure upon filing of organizational instrument, application and other information. 13-5-503. Application filing fee. 13-5-504. Procedure for hearings or meetings on charter applications. 13-5-505. Emergency charters; fees. 13-5-506. Investigation and examination by banking commissioner. 13-5-507. Approval or disapproval of application; criteria 13-5-508. Certificate of authority to commence business 13-5-509. Decisions by board appealable; grounds. 13-5-510. Powers of public trust companies; limitations; prohibitions; conflicts of interest; exemptions. 13-5-511. Requirements as to capital or membership interest. 13-5-512. Issue of stock or membership interest. 13-5-513. Increase or reduction of capital stock. 13-5-514. Transfer of stock, membership interests and other ownership interests. 13-5-515. Stock or membership interest register; inspection. 13-5-516. Voting by shareholders and members generally; balloting for directors and managers. 13-5-517. Preferred stock. 13-5-518. Authority to manage public trust companies; qualifications. 13-5-519. Election; term; vacancies; number. 13-5-520. Meetings; record of proceedings and business. 13-5-521. Inspection of public trust company; confidentiality. 13-5-522. Conversion from chartered family trust company to public trust company. 13-5-523. Conversion from special purpose depository institutions. 13-5-601. Powers of family trust companies; prohibitions. 13-5-602. Family trust companies; authorized actions and transactions; conflicts of interest. 13-5-603. Organization of a chartered family trust company. 13-5-604. Requirements for chartered family trust company. 13-5-605. Minimum capital requirements; investment of capital. 13-5-606. Procedures upon filing of organizational 13-5-607. Inspection of chartered family trust company; fees; resolution fund account; confidentiality. 13-5-608. Conversion from public trust company to chartered family trust company. 13-5-701. Establishment of a private family trust company. 13-5-702. Inspection of private family trust companies; authority of commissioner. 13-5-703. Private family trust companies; applicability of chapter. 13-6-101. Authority to charter. 13-6-102. Articles of incorporation; bylaws; definition. 13-6-201. Insurance. 13-6-202. Capitalization. 13-6-203. Stock. 13-6-204. Reserves. 13-6-205. Repealed By Laws 1998, ch. 64, § 2. 13-6-206. Bond of officers and agents. 13-6-301. Procedure generally. 13-6-302. Conversion to federal association; procedure. 13-6-303. Conversion to federal association; effect. 13-6-304. Conversion to state association; procedure. 13-6-305. Repealed by Laws 2015, ch. 68, § 2. 13-6-306. Conversion to state association; effect. 13-6-401. When state banking commissioner to take charge; refusal to so permit. 13-6-402. Directors to relieve unsound condition; duty. 13-6-403. Directors to relieve unsound condition; failure. 13-6-404. Losses exceeding reserves or earnings. 13-6-405. Banking commissioner to be appointed receiver; assistants; bonding requirements. 13-6-406. Priority of claims. 13-7-101. Generally. 13-7-102. Organization of savings and loan associations. 13-7-103. Reports; examinations; membership in federal home loan bank. 13-7-104. Real estate and personal property. 13-7-201. "Member" defined. 13-7-202. Interest and earnings. 13-7-203. Dividends. 13-7-301. Savings and investment accounts. 13-7-302. Accounts of minors; joint accounts. 13-7-303. Repealed by Laws 2015, ch. 68, § 2. 13-7-304. Repealed by Laws 2015, ch. 68, § 2. 13-7-305. Right to redeem savings or investment accounts. 13-7-401. Debenture bonds. 13-7-402. Borrowing from federal home loan bank. 13-7-501. General requirements. 13-7-502. Repealed by Laws 1993, ch. 115, § 3. 13-7-601. Repealed by Laws 2015, ch. 68, § 2. 13-7-602. Duties generally; examinations. 13-7-603. Supervision fees. 13-7-604. Examination at request of members or shareholders. 13-8-101. Entities deemed foreign building and loan associations. 13-8-102. Certificate of need required; exceptions. 13-8-103. Certificate of admission. 13-8-104. Filing of statement; appointment of agent. 13-8-105. Statement to be renewed annually or as required. 13-8-106. Deposit required. 13-8-107. Licensing of agents, solicitors and salesmen. 13-8-201. Generally. 13-8-202. Liquidation. 13-8-301. When time of maturity guaranteed; when not. 13-8-302. Repayments and withdrawals. 13-9-101. Generally. 13-9-201. Examination; fee. 13-9-202. "Controlling interest" defined. 13-9-203. Financial responsibility. 13-9-204. Repealed By Laws 1999, ch. 42, § 3. 13-9-205. Repealed By Laws 1997, ch. 75, § 3. 13-9-301. Repealed By Laws 1997, ch. 75, § 3. 13-9-302. Repealed By Laws 1997, ch. 75, § 3. 13-9-303. Repealed By Laws 1997, ch. 75, § 3. 13-9-304. Repealed By Laws 1997, ch. 75, § 3. 13-9-305. Repealed By Laws 1997, ch. 75, § 3. 13-9-306. Scope; legislative intent. 13-9-307. Definitions. 13-9-308. Permitted acquisitions. 13-9-309. Required application; fees. 13-9-310. Standards for approval. 13-9-311. Procedures relating to applications. 13-9-312. Reports; examinations. 13-9-313. Agency activities. 13-9-314. Repealed By Laws 1999, ch. 41, § 2. 13-9-315. Penalties. 13-9-316. Authority to adopt rules and regulations; cooperative agreements; fees. 13-10-101. General penalty. 13-10-102. False statements. 13-10-103. Fraudulent insolvency. 13-10-104. Wrongful certification, issuance or delivery of instruments, preferences or borrowing. 13-10-105. Repealed by Laws 1982, ch. 75, § 5. 13-10-106. Transactions exceeding liability limits; concealing or failing to report transactions. 13-10-107. Failure to report or cooperate with state banking commissioner. 13-10-108. Operating bank or savings and loan association or trust company without complying with provisions. 13-10-109. Refusal to exhibit stock ledger or register. 13-10-110. Improper procurement of loans; permitting accounts to be overdrawn. 13-10-111. Financial involvement by state banking commissioner and employees. 13-10-112. Prosecution of criminal violations. 13-10-201. Definitions. 13-10-202. Informal enforcement actions; joint enforcement actions. 13-10-203. Cease and desist orders; Wyoming financial 13-10-204. Temporary cease and desist order; Wyoming financial institutions; bank holding companies; service. 13-10-205. Removal of officer or director; notice; opportunity for hearing. 13-10-206. Temporary suspension order; stay of order; enforcement. 13-10-207. Civil penalties; amount; factors; notice; payment. 13-10-208. Procedures for enforcement actions; service of 13-10-209. Prompt corrective action; definition. 13-10-301. Definitions. 13-10-302. Unlawful discrimination against a firearm entity; exception. 13-10-303. Remedies; attorney general notice; statute of limitation. 13-11-101. Deposit of funds. 13-12-101. Short title. 13-12-102. Applicability of other provisions. 13-12-103. Special purpose depository institutions created 13-12-104. Requirements relating to depositors; nature of business. 13-12-105. Required liquid assets. 13-12-106. Repealed by Laws 2026, ch. 75, § 2. 13-12-107. Applicable federal and state laws. 13-12-108. Required disclosures. 13-12-109. Formation; articles of incorporation. 13-12-110. Required initial capital and surplus; additional capital. 13-12-111. Application for charter; fee; subaccount created. 13-12-112. Procedure upon filing application. 13-12-113. Procedure for hearings on charter applications. 13-12-114. Investigation and examination by commissioner. 13-12-115. Approval or disapproval of application; criteria for approval; action upon application. 13-12-116. Certificate of authority to commence business 13-12-117. Decisions by board appealable; grounds. 13-12-118. Surety bond; pledged investments; investment income; bond or pledge increases; hearings. 13-12-119. Reports and examinations; supervisory fees; required private insurance or bond. 13-12-120. Suspension or revocation of charter. 13-12-121. Continuing jurisdiction. 13-12-122. Failure of institution; unsound or unsafe 13-12-123. Voluntary dissolution of special purpose 13-12-124. Failure to submit required report; fees; rules. 13-12-125. Willful failure to perform duties imposed by law; removal. 13-12-126. Rules. 13-12-127. Conversion of state bank into special purpose depository institution.
What to do with it
As published
13-6-204. Reserves.
(a) State savings and loan associations, in addition to the par value of their capital, shall set up and maintain reserves as follows:
(i) Except as provided in W.S. 13-7-102, before the declaration of a dividend for any period an association shall transfer an amount equal to at least five percent (5%) of its net earnings to a separate reserve account which shall be set up and maintained for the sole purpose of absorbing losses until the general reserve is equal to at least twelve percent (12%) of the savings liability. In the event that any credit to the general reserve is made in excess of the minimum five percent (5%) requirement, the dollar amount of the excess may be carried over as a credit toward the minimum requirement of any subsequent period. If the general reserve is not equal to at least twelve percent (12%) of its savings liability, credits, as above provided, shall again be made to the general reserve until it equals at least twelve percent (12%) of its savings liability. The board of directors may make additional transfers to other reserve accounts.
Your wording
Your change, as a redline
13-6-204. Reserves.
(a) State savings and loan associations, in addition to the par value of their capital, shall set up and maintain reserves as follows:
(i) Except as provided in W.S. 13-7-102, before the declaration of a dividend for any period an association shall transfer an amount equal to at least five percent (5%) of its net earnings to a separate reserve account which shall be set up and maintained for the sole purpose of absorbing losses until the general reserve is equal to at least twelve percent (12%) of the savings liability. In the event that any credit to the general reserve is made in excess of the minimum five percent (5%) requirement, the dollar amount of the excess may be carried over as a credit toward the minimum requirement of any subsequent period. If the general reserve is not equal to at least twelve percent (12%) of its savings liability, credits, as above provided, shall again be made to the general reserve until it equals at least twelve percent (12%) of its savings liability. The board of directors may make additional transfers to other reserve accounts.
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.