GroundRules
Wyo. Stat. § 13-6-404: Losses exceeding reserves or earnings.
Where this section sits in the code
- TITLE 13 - BANKS, BANKING AND FINANCE
- CHAPTER 6 - SAVINGS AND LOAN ASSOCIATIONS
- ARTICLE 4 - LIQUIDATION
Whenever the losses of an association exceed the reserve account they may be charged against the undivided earnings, if any, and if they also exceed undivided earnings, the state banking commissioner may proceed to wind up the affairs of such association.
Collected 2026-09-04T00:16:32Z. Source file · JSON