Banking act amendments.

WORKING DRAFT

ORIGINAL HOUSE
BILL

NO.
0059

ENROLLED ACT NO. 7, HOUSE OF REPRESENTATIVES

SIXTY-SECOND LEGISLATURE OF THE STATE OF WYOMING
2013 GENERAL SESSION

AN ACT relating to banking and finance; amending banking statutes to comply with federal statutes and regulations; repealing conflicting provisions;
and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S.
13
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1
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101(a)(iii),
13
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1
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502(f),

13
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2
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702(a) and (m) and
13
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2
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803
are amended to read:

13
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1
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101.

Definitions.

(a)

As used in this act, unless another definition is specifically provided for a section, article or chapter of this act:

(iii)

"Bank holding company" means a company that is a bank holding company under the federal Bank Holding Company Act of 1956, as amended, 12 U.S.C. 1841, et seq., and unless the context requires otherwise, for purposes of W.S.
13
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2
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801

13
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2
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802
through 13
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2
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810 and 13
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9
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306 through 13
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9
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316 includes a Wyoming bank holding company, an out-of-state bank holding company and a foreign bank holding company;

13
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1
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502.

Remote electronic terminals.

(f)

A Wyoming financial institution, financial institution or person operating remote electronic terminals in this state may impose a transaction fee for the use of the remote electronic terminal. The amount of the transaction fee shall be disclosed
visually by placard and

by electronic display at a time and manner that allows a user to terminate or cancel the transaction without incurring the transaction fee.

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2
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702.

Authorization; application; fee; activities; examination; criteria.

(a)

With prior approval of the state banking commissioner a bank may establish and operate one (1) or more branches at any location in this state

or in a state other than Wyoming
.

(m)

An out-of-state bank which has established a Wyoming branch
by means of an interstate merger pursuant to article 8 of chapter 2 of this title,

may establish and operate one (1) or more branches at any location in this state, subject to the requirements of subsections (g) through (k) of this section.

13
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2
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803.

Authority of state banks to establi
sh interstate branches
.

With the prior approval of the commissioner, a Wyoming state bank may establish, maintain and operate one (1) or more branches in a state other than Wyoming
.

pursuant to an interstate merger transaction in which the Wyoming state bank is the resulting bank
.
Not later than the date on which the required application for the
interstate merger transaction

establishment of a branch
is filed with the responsible federal bank supervisory agency, the applicant Wyoming state bank shall file an application on a form prescribed by the commissioner and pay the fee prescribed by
W.S.

13
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4
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104

13
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2
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702
(b)
. The applicant shall also comply with the applicable provisions of W.S. 13
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4
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101 through 13
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4
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114.

Section 2
.

W.S. 13
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2
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801, 13
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2
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804(c) and 13
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4
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104(c) are repealed.

Section 3
.

This act is effective July 1, 2013.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

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