HB0233

Summary for LSO115 Bill No.: HB0233 Effective : 7/1/2015 LSO No.: 15LSO-0573 Enrolled Act No.: HEA 46 Chapter No.: 78 Prime Sponsor: Sommers Catch Title: Branch bank license expiration. Subject: Branch bank licensing. Summary/Major Elements: Branch banks must be licensed in Wyoming by the Wyoming Banking Commissioner. Previously, the expiration of a branch bank license was linked to the date of the bank’ s initial license. This legislation establishes that all branch bank licenses will expire on June 30 th of each year and must be renewed not less than 30 days before the expiration date. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.