Rules for Changing Bank Types
In one sentence
Plain language
Official record
Bill Summary - 26LSO-0013 Bill No.: SF0054 Effective: Multiple Dates LSO No.: 26LSO-0013 Enrolled Act No.: SEA No. 0053 Chapter No.: 74 Prime Sponsor: Rothfuss Catch Title: State banks and SPDI conversions. Has Report: No Subject: Conversions of special purpose depository institutions and state banks. Summary/Major Elements: This act creates a process for a special purpose depository institution to convert its charter from a special purpose depository institution to a state bank. This act creates a process for a state bank to convert its charter from a state bank to a special purpose depository institution. 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.
Public statements
Last checked Aug 5, 1:34 AM
D · S09
Why they voted this way
The lawmaker explains that the bill provides necessary statutory clarity for converting between special purpose depository institutions and traditional state-chartered banks, avoiding the illogical requirement of closing one bank to open another.
If a lawmaker is not listed, we couldn't find a published reason.
Wyoming roll calls
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