Wyoming Statutes

Wyo. Stat. § 40-29-105 (2026)

Financial technology innovation account.

✓ current as of May 2026
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(a) There is created the financial technology innovation
account. Funds within the account shall only be expended by
legislative appropriation. All funds within the account shall be
invested by the state treasurer and all investment earnings from
the account shall be credited to the general fund. The account
shall be divided into two (2) subaccounts controlled by the
commissioner and secretary, respectively, for the purposes of
administrative management. For the purposes of accounting and
investing only, the subaccounts shall be treated as separate
accounts.

     (b) Subject to legislative appropriation, application fees
remitted to the account pursuant to W.S. 40-29-104(e) shall be
deposited into the subaccount controlled by the commissioner or
secretary, as applicable, based on the receiving official. These
funds, and any additional funds appropriated by the legislature,
shall be used only for the purposes of administering this act,
including processing of sandbox applications and monitoring,
examination and enforcement activities relating to this act.