Jun17

Commercial Services Council; Session Two

This session connects commercial lending and business service leaders to discuss treasury services, business lending programs, and strategies to strengthen relationships with small business and commercial clients.
Jun24

HR & Trainers Council; Session Two

The Council’s open format brings together HR and training professionals to share insights, resources, and support while preparing for future challenges in the Credit Union Movement.
Jun24

King County Chapter of Credit Unions Golf Tournament

Join us for our golf tournament benefitting CU4Kids on June 24, 2025 at 11:30AM!
Jun25

Marketers Council; Session Two

The Council, open to marketing and outreach professionals, offers member-driven presentations and roundtable discussions to support credit union success.
Home » Advocacy On The Move »

Wyoming DEQ Issues Proposed Rule on Irrevocable Letters of Credit Legislation

Posted by on May 30, 2025

The Department of Environmental Quality (DEQ) has issued a notice of proposed rules to implement house bill 41 – Irrevocable letters of credit passed during the 2025 session.

House bill 41 was sponsored by Representative Martha Lawley at the request of Sunlight FCU who attempted to provide an irrevocable letter of credit, in lieu of bonding for non-coal mine operations, to DEQ on behalf of a member; however DEQ had to reject the letter due to lack of specific language allowing letters from credit unions.

The rules update existing rules to recognize letters of credit provided by credit unions. GoWest will review and provide comments on behalf of Wyoming’s credit unions and participate in the June 19, Land Quality Advisory board meeting.

Posted in Advocacy on the Move, Wyoming Advocacy.