13-10-209. Prompt corrective action; definition.
In addition to the other administrative enforcement actions authorized in this act, the commissioner shall take prompt corrective action against a Wyoming financial institution as necessary to protect the safety and soundness of the Wyoming financial institution in the event the financial institution becomes critically undercapitalized. For purposes of this section, "Wyoming financial institution" does not include trust companies.
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.