The bill aims to revise and correct statutory references and language in existing Wyoming legislation, addressing inadvertent errors and obsolete references. Specifically, it amends several sections of the Wyoming Statutes, including W.S. 13-12-104(a), 17-32-102(a)(xiv), and 17-32-126(b)(i)(C). Notably, the bill removes the phrase "Except as otherwise provided by subsection (d) of this section" and "this section" from W.S. 13-12-104(a), clarifying the requirements for depositors at special purpose depository institutions. Additionally, it updates the definition of "This act" in W.S. 17-32-102(a)(xiv) to include the new section 17-32-129, and changes the term "subdivision" to "subparagraph" in W.S. 17-32-126(b)(i)(C).
The bill is set to take effect on July 1, 2026, ensuring that the revisions and corrections are implemented in a timely manner. By addressing these statutory inconsistencies and outdated references, the legislation seeks to enhance clarity and accuracy within Wyoming's legal framework.
Statutes affected: Introduced: 13-12-104, 17-32-102, 17-32-126