021-1 Wyo. Code R. § 1-2

Current through April 27, 2019
Section 1-2 - Purpose and Scope

(a) These Regulations are generally intended to govern the operations of the Board in discharge of its duties set forth in article 6 of chapter 1 of the Banking Statutes.

(b) Chapter 2 contains provisions that are generally applicable to both applications under Chapter 3 and petitions under Chapter 4. It is intended to provide a simpler, harmonious foundation upon which other Chapters may be built and to reduce duplication of basic concepts.

(c) Chapter 3 (with the applicable provisions of Chapter 2) is intended to provide a uniform, efficient and fair procedure for, and to govern, (i) chartering banks, interim banks, trust companies and savings and loan associations under the Banking Statutes and (ii) conducting hearings before the Board on the applications for such charters.

(d) Chapter 4 (with the applicable provisions of Chapter 2) is intended to provide a uniform, efficient, and fair procedure for, and to govern, conducting hearings before the Board on petitions to review the orders of the Commissioner issued under the Banking Statutes.

021-1 Wyo. Code R. § 1-2