SF0065

Official summary

Summary for LSO115 Bill No.: SF0065 Effective : 7/1/2015 LSO No.: 15LSO-0151 Enrolled Act No.: SEA 28 Chapter No.: 68 Prime Sponsor: Kinskey Catch Title: Savings and loan associations. Subject: Revisions related to savings and loan associations and mutual savings and loan associations. Summary/Major Elements: Existing law specifies requirements for savings and loan associations chartered in this S tate under the S tate B anking B oard. This bill specifies how those existing requirements apply to mutual savings and loan associations and provides a definition of mutual savings and loan associations. The bill revises the duties of the S tate Ba nking C ommissioner related to examinations of savings and loan associations to match the requirements of bank examinations. The bill also repeals provisions referring to the O ffice of T hrift S upervision which no longer exists. 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.