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Section 13-2-404 - Liability — Wyoming Law | CourtGPT
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  4. Title 13 - Banks, Banking and Finance/
  5. Chapter 2 - Organization of Banks/
  6. Article 4 - Directors/
  7. Section 13-2-404 - Liability
Wyoming Legal Code

Section 13-2-404 - Liability

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13-2-404. Liability. Any director who participates in or consents to any action of a bank in making loans in excess of or contrary to law or regulations shall be liable in his individual capacity for damages proximately sustained by the bank, its stockholders or other persons.