Section 13-5-608 - Conversion from public trust company to chartered family trust company(a) A public trust company that meets the requirements of W.S. 13-5-301(a)(viii), 13-5-604 and 13-5-605 may merge with, convert into or reorganize as a chartered family trust company upon application to the commissioner on forms approved by the commissioner.(b) For public trust companies established after July 1, 2019, seeking to convert from a public trust company to a chartered family trust company, the application filed with the commissioner shall be accompanied by a fee established by rule and regulation of the commissioner.(c) Within thirty (30) days after receipt of a completed application, a trust company that meets the requirements of this section and is in good standing with the commissioner, shall be issued a charter as a chartered family trust company.(d) The applicant shall be notified when the application is approved. Within twenty (20) days after notification, the applicant shall furnish the bonds required by W.S. 13-5-414(a).Renumbered as 13-5-608 by Laws 2019 , ch. 13, § 3, eff. 7/1/2019.Amended by Laws 2017 , ch. 23, § 1, eff. 7/1/2017.Added by Laws 2015 , ch. 84, § 1, eff. 7/1/2015.