(a) The following transactions subsequent to any act of insolvency or in contemplation of insolvency with a view to prevent the application of bank assets in the manner prescribed by this act or with a view to the preference of one creditor over another are void: (i) All transfers of notes, bonds, bills of exchange or other evidence of debt owing to any bank or of deposits to its credit; (ii) All assignments of mortgages, securities or real estate or of judgments or decrees in its favor; (iii) All deposits of money or other valuables for its use or for the use of any of its shareholders or creditors; and (iv) All payments of money to either shareholders or creditors.
‹ Prev All Wyoming sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.