GroundRules
← Search the law
Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 13-2-301: Requirements as to capital.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 13 - BANKS, BANKING AND FINANCE
  2. CHAPTER 2 - ORGANIZATION OF BANKS
  3. 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

Browse this collection