Wyoming § 26-2-205 Time for payment; penalties

Wyoming Statutes

§ 26-2-205 — Time for payment; penalties

Wyoming § 26-2-205

Title 26Insurance Code

Ch. 2THE INSURANCE COMMISSIONER

This text of Wyoming § 26-2-205 (Time for payment; penalties) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-2-205 (2026).

Text

(a)If any insurer does not pay the assessment on or before June 1 of the year in which assessed or as otherwise ordered pursuant to W.S. 26-2-208, the assessment is delinquent. If the assessment is delinquent, the commissioner may suspend or revoke the insurer's certificate of authority.

(b)The suspension shall continue until the assessment is paid together with an additional fee of ten dollars ($10.00) for each day the fee remains delinquent after June 1. The penalty for late payment is in addition to any other penalties provided by this code.

(c)The commissioner shall deposit all sums collected under this section with the state treasurer for credit to the general fund.

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(a) If any insurer does not pay the assessment on or
before June 1 of the year in which assessed or as otherwise
ordered pursuant to W.S. 26-2-208, the assessment is delinquent.
If the assessment is delinquent, the commissioner may suspend or
revoke the insurer's certificate of authority.
(b) The suspension shall continue until the assessment is
paid together with an additional fee of ten dollars ($10.00) for
each day the fee remains delinquent after June 1. The penalty
for late payment is in addition to any other penalties provided
by this code.
(c) The commissioner shall deposit all sums collected
under this section with the state treasurer for credit to the
general fund.