021-11 Wyo. Code R. § 11-3

Current through April 27, 2019
Section 11-3 - Application to Establish an Intrastate Branch; Contents; Filing Fee

(a) Pursuant to W.S. 13-2-702(a), a bank shall not establish or operate a branch at any location in Wyoming unless it shall have obtained the prior approval of the Commissioner. Obtaining this approval is in addition to the requirement to obtain an initial branch license.

(b) A written application to establish an intrastate branch shall be filed with the Commissioner in the form prescribed by the Commissioner. The Commissioner may combine, into one form, the forms for an application to establish an intrastate branch and the form for an application for an initial branch license.

(c) Each application to establish an intrastate branch shall include the information specified in W.S. 13-2-702(b) and the amendment to the bank's articles of incorporation required under W.S. W.S. 13-2-703.

(d) For purposes of W.S. W.S. 13-2-702(b)(v), the term "well capitalized" has the meaning set forth 12 C. F. R. 325.103.

(e) Each application to establish an intrastate branch shall be accompanied by the requisite application fee set forth in Chapter 3.

021-11 Wyo. Code R. § 11-3

Amended, Eff. 9/8/2017.