Wyoming Statutes
§ 40-22-120 — License suspension or revocation
(a)The commissioner may suspend or revoke a licensee's
license if the commissioner finds that:
(i)Any fact or condition exists that, if it had
existed at the time when the licensee applied for its license,
would have been grounds for denying the application;
(ii)The licensee's net worth becomes inadequate and
the licensee after ten (10) business days written notice from
the commissioner, fails to remedy the deficiency;
(iii)The licensee knowingly violates any material
provision of this act or any rule or order validly promulgated
by the commissioner;
(iv)The licensee is conducting its business in an
unsafe or unsound manner;
(v)The licensee is insolvent;
(vi)The licensee has suspended payment of its
obligations, has made an assignment for the benefit of its
creditors or has admitted
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Nearby Sections
15
§ 40-22-101
Short title§ 40-22-102
Definitions§ 40-22-103
License required§ 40-22-104
Exemptions; applicability§ 40-22-105
License requirements§ 40-22-106
Bond or other security device§ 40-22-107
Permissible investments and statutory trust§ 40-22-108
Application for license§ 40-22-109
Application fee§ 40-22-110
Issuance of license§ 40-22-111
Renewal of license and annual report§ 40-22-112
Licensee liability§ 40-22-113
Extraordinary reporting requirements§ 40-22-114
Changes in control of a licensee§ 40-22-115
Examinations