Wyoming Statutes
§ 40-14-409 — Existing insurance; choice of insurer
If a creditor requires insurance, upon notice to the creditor
the debtor shall have the option of providing the required
insurance through an existing policy of insurance owned or
controlled by the debtor, or through a policy to be obtained and
paid for by the debtor, but the creditor may for reasonable
cause decline the insurance provided by the debtor. The creditor
shall promptly notify the debtor of his rights under this
section.
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Nearby Sections
15
§ 40-14-101
Short title§ 40-14-102
Purposes; rules of construction§ 40-14-104
Construction against implicit repeal§ 40-14-105
Severability§ 40-14-106
Waiver; agreement to forego rights; settlement
of claims; legal rate of interest; applicability§ 40-14-107
Effect on powers of organizations§ 40-14-120
Territorial application§ 40-14-121
Exclusions§ 40-14-140
General definitions§ 40-14-141
Definition§ 40-14-142
Index of definitions§ 40-14-201
Short title§ 40-14-202
Scope; license required§ 40-14-203
Definitions