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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Any bank may make real estate loans upon real estate secured by a mortgage, deed of trust or other instrument of similar security which comprises a lien upon the secured property. A bank may make a real estate loan or purchase these obligations in whole or in part at any time prior to the maturity of the obligation if the participation interest of the bank is adequately protected by the terms of the participation agreement.
(b) Repealed by Laws 2014, ch. 32, § 1, eff. July 1, 2014.
(i) and (ii) Repealed by Laws 1983, ch. 20, § 2.
(iii) Redesignated by Laws 1983, ch. 20, § 1.
(c) Repealed by Laws 2014, ch. 32, § 1, eff. July 1, 2014.
(d) Repealed by Laws 1996, ch. 54, § 1.
(e) Repealed by Laws 1992, Sp. & Bud. Sess., ch. 46, § 2.
(f) Repealed by Laws 2014, ch. 32, § 1, eff. July 1, 2014.
Cite this article: FindLaw.com - Wyoming Statutes Title 13. Banks, Banking and Finance § 13-3-401. Real estate loans - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-13-banks-banking-and-finance/wy-st-sect-13-3-401/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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