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

(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.