{"data":{"id":"us-wy/wyo.-stat.-13-6-202","jurisdiction":"us-wy","citation":"Wyo. Stat. § 13-6-202","heading":"Capitalization.","body":"(a) Except as otherwise provided in this subsection, associations shall have permanent nonwithdrawable capital stock of one hundred dollars ($100.00) per share and this stock shall be subscribed for as fully paid stock. An association other than a mutual savings and loan association shall not organize with a capital stock less than five hundred thousand dollars ($500,000.00). In a mutual savings and loan association without capital stock, the association shall not organize with less than five hundred thousand dollars ($500,000.00) in initial capital.\n(b) If an association has par value capital stock outstanding of less than one percent (1%) of its savings and investment accounts outstanding, it shall either increase its capital stock to at least one percent (1%) of such outstanding savings accounts or discontinue the acceptance of savings and investment accounts until this amount of capital is provided. This subsection shall not apply to a mutual savings and loan association.","path":["TITLE 13 - BANKS, BANKING AND FINANCE","CHAPTER 6 - SAVINGS AND LOAN ASSOCIATIONS","ARTICLE 2 - ORGANIZATIONAL 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":"f3ddf739d370583b09b5d3406cf060dd34807cd1e8291cfcb62f13e0b8d52563","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-13-6-201","next":"us-wy/wyo.-stat.-13-6-203"},"notice":"GroundRules: Original legal text. Not legal advice."}
