13-10-201. Definitions.
(a) As used in this article:
(i) "Bank holding company" means a bank holding company as defined in W.S. 13-1-101 which owns or controls a Wyoming financial institution;
(ii) "Critically undercapitalized" means the paid-in capital, retained earnings and undivided profits of the Wyoming financial institution are less than two percent (2%) of the total assets of the financial institution;
(iii) "Prompt corrective action" means any action the federal deposit insurance corporation is authorized to take with regard to a state chartered bank under 12 U.S.C. 1831o(d) through (i);
(iv) "Wyoming financial institution" means any bank, savings and loan association, special purpose depository institution or trust company chartered or organized under the laws of Wyoming.
Structure Wyoming Statutes
Title 13 - Banks, Banking and Finance
Chapter 10 - Crimes, Offenses and Penalties
Article 2 - Administrative Enforcement Actions
Section 13-10-201 - Definitions.
Section 13-10-202 - Informal Enforcement Actions; Joint Enforcement Actions.
Section 13-10-205 - Removal of Officer or Director; Notice; Opportunity for Hearing.
Section 13-10-206 - Temporary Suspension Order; Stay of Order; Enforcement.
Section 13-10-207 - Civil Penalties; Amount; Factors; Notice; Payment.