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Section 13-5-702 - Inspection of Private Family Trust Companies; Authority of Commissioner.

WY Stat § 13-5-702 (2019) (N/A)
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13-5-702. Inspection of private family trust companies; authority of commissioner.

(a) If the commissioner has reasonable cause to believe that a private family trust company proposes to transact or has transacted trust company business with the general public, then the commissioner may conduct any inspections of the private family trust company as he deems necessary to ensure compliance with the provisions of this chapter.

(b) If the commissioner discovers that a private family trust company has proposed to transact or has transacted trust company business with the general public, then the commissioner may take any action authorized under W.S. 13-10-201 through 13-10-209 with respect to the private family trust company to ensure compliance with the provisions of this chapter.

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Section 13-5-702 - Inspection of Private Family Trust Companies; Authority of Commissioner.