Section 13-12-120 - Suspension or revocation of charter(a) The commissioner may suspend or revoke the charter of a special purpose depository institution if, after notice and opportunity for a hearing, the commissioner determines that: (i) The special purpose depository institution has failed or refused to comply with an order issued under W.S. 13-10-201 through 13-10-209;(ii) The application for a charter contained a false statement or material misrepresentation or material omission; or(iii) An officer, director or agent of the special purpose depository institution, in connection with an application for a charter, examination, report or other document filed with the commissioner, knowingly made a false statement, material misrepresentation or material omission to the board, the commissioner or the duly authorized agent of the board or commissioner.Added by Laws 2019 , ch. 92, § 2, eff. 10/1/2019.