Wyo. Stat. § 13-2-301: Requirements as to capital.
Where this section sits in the code
- TITLE 13 - BANKS, BANKING AND FINANCE
- CHAPTER 2 - ORGANIZATION OF BANKS
- ARTICLE 3 - CAPITAL REQUIREMENTS,
(a) The capital stock of each bank organized under this act shall be subscribed for as fully paid stock. No bank shall organize with a capital stock less than five million dollars ($5,000,000.00).
(b) No bank shall commence business until the full amount of its authorized capital is subscribed and all capital stock is fully paid in. No bank may organize without a paid up surplus fund of at least twenty percent (20%) of its legally authorized capital stock, and undivided profits in sufficient amount for the expense of operation the first year as determined by the state banking commissioner.
Collected 2026-09-04T00:16:32Z. Source file · JSON