Wyoming § 13-5-605 - Minimum capital requirements; investment of capital.
Full text of Wyoming Wyoming Statutes Annotated § 13-5-605 — Minimum capital requirements; investment of capital., with citation guidance and answers to common questions.
§ 13-5-605. Minimum capital requirements; investment of capital.
The initial capital required to organize a chartered family trust company shall be not less than five hundred thousand dollars ($500,000.00). The full amount of the initial capital must be paid in cash to the governing body of the chartered family trust company, exclusive of all organization expenses, before the chartered family trust company is authorized to commence business as a chartered family trust company. Once organized, a chartered family trust company shall maintain a minimum level of capital required by the commissioner to operate in a safe and sound manner based upon the commissioner’s examination of the company, provided that the level of capital in a chartered family trust company shall not be less than five hundred thousand dollars ($500,000.00).
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 13-5-605
What does Wyoming Statutes Annotated § 13-5-605 cover?
Section 13-5-605 ("Minimum capital requirements; investment of capital.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 13-5-605?
A common citation format is "Wyoming Statutes Annotated § 13-5-605" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 13-5-605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.