Meetings; record of proceedings and business

W.S. § 13-5-520 — under Chapter 5 — Trust Companies.

W.S. § 13-5-520

Meetings; record of proceedings and business. (a) The board of directors or managers of a public trust company shall hold a regular meeting at least once every quarter of the calendar year. At each meeting a detailed report showing all trust business shall be submitted. The board of directors or managers shall review the report and make it a part of the record of the meeting. The record shall show their approval or disapproval of the report. (b) A record of the proceedings and business of all meetings shall be included in the public trust company's minutes.