Wyoming Statutes

Wyo. Stat. § 13-12-110 (2026)

Required initial capital and surplus;

✓ current as of May 2026
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additional capital.

     (a) The capital stock of each special purpose depository
institution chartered under this chapter shall be subscribed for
as fully paid stock. No special purpose depository institution
shall commence business with capital stock of less than five
million dollars ($5,000,000.00).

     (b) No special purpose depository institution shall
commence business until the full amount of its authorized
capital is subscribed and all capital stock is fully paid in. No
special purpose depository institution shall commence business
without a paid up surplus fund of not less than twenty percent
(20%) of its legally authorized capital stock and undivided
profits in an amount not less than one (1) year of estimated
operating expenses in the amount disclosed pursuant to W.S. 13-
12-111(b) or in another amount required by the commissioner.

     (c) A special purpose depository institution may acquire
additional capital prior to the granting of a charter and may
report this capital in its charter application.