Wyoming Statutes

Wyo. Stat. § 13-2-301 (2026)

Requirements as to capital.

✓ text as retrieved May 2026 (this copy records no edition or section history)
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(a) The capital stock of each bank organized under this
act shall be subscribed for as fully paid stock. No bank shall
organize with a capital stock less than five million dollars
($5,000,000.00).

     (b) No bank shall commence business until the full amount
of its authorized capital is subscribed and all capital stock is
fully paid in. No bank may organize without a paid up surplus
fund of at least twenty percent (20%) of its legally authorized
capital stock, and undivided profits in sufficient amount for
the expense of operation the first year as determined by the
state banking commissioner.
Notes of Decisions
Cited in 1 case, 1980–1980 · leading case: First Nat'l Bank of Worland v. Fin. Institutions Bd., 616 P.2d 787 (Wyo. 1980).
First Nat'l Bank of Worland v. Fin. Institutions Bd., 616 P.2d 787 (Wyo. 1980). · cites it 2× “This amount is not less than the minimum required by W.S. 13-2-301 and is adequate to sustain an adequate capital structure and provides a reasonable assurance against risk at the start in light of current and prospective conditions in the primary service area.”
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