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Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 13-2-314: Capital notes or debentures; proceeds not part of capital or surplus.

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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 proceeds from the sale of capital notes or debentures shall not be considered a portion of the capital or surplus of the issuing bank nor treated as meeting any requirements, restrictions or conditions relating to the capital or surplus of a bank.

(b) The proceeds from the sale of notes or debentures issued may not be used to reduce or retire outstanding capital stock or surplus.

Collected 2026-09-04T00:16:32Z. Source file · JSON

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