Ask Reggi Your Question Now
Can you summarize 021-0001 WYAR?
Audit, Dept. of > Banking Board
Short Summary
The provided legal document content consists of two parts. The first part pertains to the hearings conducted by the Banking Board in Wyoming Administrative Rules. It outlines the requirements for filing a petition to request the Board’s review and dismissal of a notice of intent and proposed order issued by the Commissioner under the enforcement article. The petition must include the petitioner’s signature, verification of the truth and accuracy of the matters in the petition, and a copy or description of the notice of intent. The petitioner must also request the Board to dismiss the notice of intent and provide a statement of facts supporting the dismissal. If the proposed order includes a civil penalty that the petitioner contests, a statement of facts supporting the modification of the assessment must be included. The document does not specify any penalties for non-compliance. Overall, this document governs the process and requirements for petitioners seeking the review and dismissal of a notice of intent and proposed order by the Banking Board. The second part of the document pertains to the application hearings before the Wyoming Banking Board. It outlines the process for submitting an application to organize a financial entity in Wyoming. If multiple applications are filed for financial entities in the same home county, the Board will hear the applications in the order of their acceptance dates. The Board has the discretion to conduct a consolidated hearing for closely related applications. The document specifies the requirements for materials delivery, notification of the hearing date, and publication of a notice in a newspaper of general circulation. The publication must include various information such as the acceptance date, hearing details, legal authority, and the proposed institution’s details. The document also mentions the option for interested parties to file a motion to be added as a party to the hearing and the process for submitting written comments on the application. It highlights the responsibility of the applicant to pay for the expenses associated with publishing the notice. The document aims to implement the requirements of W.S. 1-6-201 through 1-6-203, which provide minimum requirements for public notices. The document does not mention specific exemptions or penalties.
Whom does it apply to?
The document applies to petitioners who wish to request the review and dismissal of a notice of intent and proposed order issued by the Commissioner under the enforcement article. It also applies to individuals or entities seeking to organize a financial entity in Wyoming.
What does it govern?
The legal document governs the process and requirements for petitioners seeking the review and dismissal of a notice of intent and proposed order by the Banking Board. It also governs the application hearings before the Wyoming Banking Board, outlining the process for submitting an application to organize a financial entity in Wyoming.
What are exemptions?
The document does not specify any exemptions.
What are the Penalties?
The document does not mention specific penalties for non-compliance.
Jurisdiction
Wyoming