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Section 26-8-201 - Definitions — Wyoming Law | CourtGPT
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Wyoming Legal Code

Section 26-8-201 - Definitions

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26-8-201. Definitions. (a) As used in this article: (i) 'Clearing corporation' means a corporation as defined in W.S. 34.1-8-102(a)(v), except that with respect to securities issued by institutions organized or existing under the laws of any foreign country or securities used to meet the deposit requirements pursuant to the laws of a foreign country as a condition of doing business therein, clearing corporation may include a corporation which is organized or existing under the laws of any foreign country and is legally qualified under those laws to effect transactions in securities by computerized book-entry. Clearing corporation also includes the 'treasury/reserve automated debt entry securities system' and the 'treasury direct' book-entry securities systems established pursuant to 31 U.S.C. 3100, et seq., 12 U.S.C. part 391 and 5 U.S.C. part 301; (ii) Repealed By Laws 2007, Ch. 44, 3. (iii) Repealed By Laws 2007, Ch. 44, 3. (iv) Repealed By Laws 2007, Ch. 44, 3. (v) 'Security' means as defined in W.S. 34.1-8-102(a)(xv); (vi) 'Custodian' means a national bank, state bank or a trust company which participates in a clearing corporation.