Assigned Chapter Number 98
Summary
HB 44 amends three sections of state law to require depositors to meet specific criteria before using a special purpose depository institution, defines terms used in the act, and sets out steps for dissolving a decentralized, unincorporated nonprofit association. The changes affect banks, their customers, and nonprofit groups that operate without a formal corporate structure. It also ties any remaining assets to Wyoming’s unclaimed property statutes.
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