13-6-403. Directors to relieve unsound condition; failure.
If the affairs of the association are not restored within the twenty (20) days, the state banking commissioner shall report the facts to the attorney general, who shall institute proceedings in the district court of the proper county for the appointment of a receiver and for the dissolution of the association or other proceedings as may be required.
Structure Wyoming Statutes
Title 13 - Banks, Banking and Finance
Chapter 6 - Savings and Loan Associations
Section 13-6-401 - When State Banking Commissioner to Take Charge; Refusal to So Permit.
Section 13-6-402 - Directors to Relieve Unsound Condition; Duty.
Section 13-6-403 - Directors to Relieve Unsound Condition; Failure.
Section 13-6-404 - Losses Exceeding Reserves or Earnings.
Section 13-6-405 - Banking Commissioner to Be Appointed Receiver; Assistants; Bonding Requirements.