{"data":{"id":"us-wy/wyo.-stat.-13-2-304","jurisdiction":"us-wy","citation":"Wyo. Stat. § 13-2-304","heading":"Transfer of stock and other ownership interests.","body":"(a) The shares of stock of banks are personal property and shall be transferred on the books of the bank in such manner as the bylaws may provide. A transfer of stock in a bank is invalid until any impairment of its capital stock has been restored.\n(b) Transfers of voting ownership interests of a bank or of a bank holding company shall be reported to the commissioner not less than ten (10) days prior to being made if the transfer:\n(i) Equals or exceeds ten percent (10%) of the bank's or the bank holding company's voting ownership interests; or\n(ii) Is made to a person owning or controlling ten percent (10%) or more and less than eighty percent (80%) of the bank's or the bank holding company's voting ownership interests.\n(c) The state banking commissioner may disapprove any transfer of stock required to be reported if he finds that the transferee:\n(i) Repealed by Laws 1993, ch. 115, § 3.\n(ii) Has been convicted of a felony; or\n(iii) Has been removed from a position as director, officer or employee of a bank or other financial institution pursuant to an order of the state banking commissioner or appropriate federal regulatory authority.","path":["TITLE 13 - BANKS, BANKING AND FINANCE","CHAPTER 2 - ORGANIZATION OF BANKS","ARTICLE 3 - CAPITAL REQUIREMENTS,"],"source_url":"https://wyoleg.gov/statutes/compress/title13.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"4c71c4ba5ec88b05bbedaedb7ed6882e62cc9b6cc8a0ccb3c5d8561370785218","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-13-2-303","next":"us-wy/wyo.-stat.-13-2-305"},"notice":"GroundRules: Original legal text. Not legal advice."}