Wyoming § 13-6-405 - Banking commissioner to be appointed receiver; assistants; bonding requirements.

Full text of Wyoming Wyoming Statutes Annotated § 13-6-405 — Banking commissioner to be appointed receiver; assistants; bonding requirements., with citation guidance and answers to common questions.

§ 13-6-405. Banking commissioner to be appointed receiver; assistants; bonding requirements.

The state banking commissioner shall be appointed the receiver for any savings and loan association. No fee shall be allowed the state banking commissioner as the receiver, but he may appoint, upon the approval of the court, persons to assist him in any receivership proceedings as may be required. The compensation or fees of persons appointed by the state banking commissioner shall be fixed by the court and shall be paid, together with all other costs and expenses of the receivership, out of the assets of the association. The state banking commissioner may require each of the persons appointed to execute to him a bond as he may deem necessary. The state banking commissioner may designate the federal deposit insurance corporation to act without bond as receiver or liquidator of any savings and loan association whose assets are insured by the corporation and which has been closed for the purpose of liquidation.

Source: official Wyoming text · Last verified 2026-08-27

Frequently Asked Questions About Wyoming § 13-6-405

What does Wyoming Statutes Annotated § 13-6-405 cover?

Section 13-6-405 ("Banking commissioner to be appointed receiver; assistants; bonding requirements.") 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 § 13-6-405?

A common citation format is "Wyoming Statutes Annotated § 13-6-405" (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 § 13-6-405 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.