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HB0233 • 2015

Branch bank license expiration.

AN ACT relating to banks and banking; amending provisions related to the expiration and renewal of branch bank licenses; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Sommers
Last action
2015-03-03
Official status
enrolled
Effective date
7/1/2015

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2015-03-03 LSO

    Assigned Chapter Number

  2. 2015-03-03 Governor

    Governor Signed HEA No. 0046

  3. 2015-02-26 Senate

    S President Signed HEA No. 0046

  4. 2015-02-26 House

    H Speaker Signed HEA No. 0046

  5. 2015-02-24 LSO

    Assigned Number HEA No. 0046

  6. 2015-02-24 Senate

    S 3rd Reading:Passed 30-0-0-0-0

  7. 2015-02-23 Senate

    S 2nd Reading:Passed

  8. 2015-02-20 Senate

    S COW:Passed

  9. 2015-02-18 Senate

    S Placed on General File

  10. 2015-02-18 Senate

    Minerals:Recommend Do Pass 5-0-0-0-0

  11. 2015-02-11 Senate

    S Introduced and Referred to S09 - Minerals

  12. 2015-02-09 Senate

    S Received for Introduction

  13. 2015-02-09 House

    H 3rd Reading:Passed 60-0-0-0-0

  14. 2015-02-06 House

    H 2nd Reading:Passed

  15. 2015-02-05 House

    H COW:Passed

  16. 2015-02-04 House

    H Placed on General File

  17. 2015-02-04 House

    Minerals:Recommend Do Pass 9-0-0-0-0

  18. 2015-02-02 House

    H Introduced and Referred to H09 - Minerals

  19. 2015-02-02 House

    H Received for Introduction

  20. 2015-01-30 LSO

    Bill Number Assigned

Official Summary Text

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.

Current Bill Text

Read the full stored bill text 
ORIGINAL
House
Bill No
.
HB0233

ENROLLED ACT NO.

46
,

HOUSE OF REPRESENTATIVES

SIXTY-THIRD LEGISLATURE OF THE STATE OF WYOMING
2015
General Session

AN ACT relating to banks and banking; amending provisions related to the expiration and renewal of branch bank licenses; and providing for an effective date.

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

Section 1
.

W.S. 13
‑
2
‑
702(
g) is amended to read:

13
‑
2
‑
702
.

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

(g)

Every branch bank in this state shall be licensed by the commissioner before operating, engaging in or conducting a banking business.

Each branch bank license shall expire on June 30 of each year.
The license shall be renewed annually, not
more than
sixty (60) nor

less than thirty (30) days before
the anniversary date upon which the initial license is issue
d
the license's expiration date
.

Section
2
.

This
act is effective July 1,
2015
.

(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

1