Ask Reggi Your Question Now
Can you summarize WYST 13-10-104?
MISCELLANEOUS OFFENSES > Wrongful certification, issuance or delivery of instruments, preferences or borrowing
Short Summary
This provision under Wyoming Statutes governs the wrongful certification, issuance, or delivery of instruments, preferences, or borrowing by individuals associated with financial institutions. It applies to owners, directors, officers, agents, and employees of financial institutions. The provision states that willfully certifying a check without sufficient funds is a misdemeanor punishable by a fine not exceeding $1,000. Issuing or delivering any certificate of deposit, drawing checks, drafts or bills of exchange, making acceptances, or signing certain financial instruments without board approval is a felony punishable by imprisonment for a period ranging from 1 to 20 years. Additionally, violating the specified provisions of W.S. 13-3-103 or 13-3-203 is a felony punishable by a fine ranging from $1,000 to $5,000, imprisonment for a period ranging from 1 to 5 years, or both.
Whom does it apply to?
Owners, directors, officers, agents, and employees of financial institutions
What does it govern?
Wrongful certification, issuance or delivery of instruments, preferences or borrowing
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
For willfully certifying a check without sufficient funds: misdemeanor punishable by a fine not to exceed $1,000. For issuing or delivering any certificate of deposit, drawing checks, drafts or bills of exchange, making acceptances, or signing notes, bonds, drafts, bills of exchange, mortgages, judgments or decrees without board approval: felony punishable by imprisonment for not less than 1 year nor more than 20 years. For violating the provisions of W.S. 13-3-103 or 13-3-203: felony punishable by a fine of not less than $1,000 nor more than $5,000, imprisonment for not less than 1 year nor more than 5 years, or both.
Jurisdiction
Wyoming