13-2-705. Bank facility not a branch.
(a) Notwithstanding any other provision of this act, a bank may establish and operate a facility which shall not be considered a branch, but an extension or expansion of an existing parent bank or branch if the facility is:
(i) Within the boundary lines of a single contiguous area of property owned or leased and occupied as a place of business by a parent bank or branch bank, whether or not the facility is physically connected to the bank or place of business; or
(ii) Across a street, alley, railroad right-of-way or thoroughfare from the existing parent bank or branch bank when such facility is physically connected to the bank or place of business by a private, enclosed, secure overhead passageway, underground tunnel or pneumatic tube system; or
(iii) Within one thousand (1,000) yards of the parent bank or branch bank, whether or not such facility is physically connected to the bank or place of business, after being granted prior written approval of the department stating that the facility qualifies for this exemption.
Structure Wyoming Statutes
Title 13 - Banks, Banking and Finance
Chapter 2 - Organization of Banks
Article 7 - Statewide Branch Banking
Section 13-2-701 - Definitions.
Section 13-2-702 - Authorization; Application; Fee; Activities; Examination; Criteria.
Section 13-2-703 - Amendment to Articles of Incorporation.
Section 13-2-704 - Closing of a Branch.
Section 13-2-705 - Bank Facility Not a Branch.
Section 13-2-706 - No Limits on Authority of Existing Branches and Banks.
Section 13-2-707 - Prohibition on Foreign Bank Branching.
Section 13-2-708 - Antitrust Laws.
Section 13-2-709 - Loan Production Offices; Activities; Notification; Examination; Name.