Wyoming Statutes

§ 34-1-148 — Liability of title insurer or title agent

Wyoming·Title 34 Property, Conveyances and Security Transactions·Ch. 1 GENERAL PROVISIONS·Art. 1 IN GENERAL
(a)A title insurer or title agent purporting to act under the provisions of W.S. 34-1-146 who reconveys a trust deed or releases a mortgage is liable for the damages suffered as a result of the reconveyance if the obligation secured by the trust deed or mortgage has not been fully paid and:
(i)The title insurer or title agent failed to comply with the provisions of W.S. 34-1-146 and 34-1-147; or
(ii)The title insurer or title agent acted with gross negligence or in bad faith in reconveying the trust deed.

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