This bill establishes a new section in Wyoming law, specifically W.S. 13-1-901, which mandates the attorney general to defend the state's interests in the dual banking system. The legislation outlines the importance of the dual banking system, which has been in place since the National Banking Act of 1863, and emphasizes the need for fair treatment of both state and nationally chartered banks. It highlights the state's commitment to ensuring that Wyoming's banking laws are respected and that state-chartered banks are not subjected to unfair regulatory treatment compared to their national counterparts.

Additionally, the bill empowers the attorney general to investigate any claims of disparate treatment against Wyoming state-chartered banks by federal or other state regulators. The attorney general is tasked with taking necessary actions to protect Wyoming's interests in the dual banking system and to ensure equitable treatment for Wyoming banks. The act is set to take effect on July 1, 2025.