Wyoming Statutes
§ 26-23-313 — Investments
(a)Except as otherwise expressly provided in this
section, the general investment provisions of chapter 7 of this
code apply to all domestic title insurers.
(b)A domestic title insurer may invest and have invested
funds in an amount not exceeding its surplus to policyholders or
three hundred thousand dollars ($300,000.00), whichever is the
larger sum, in title plants and equipment and in stocks of
abstract companies.
(c)Investment in plants, equipment and abstract company
shares authorized by this section shall not be credited against
the insurer's required reinsurance reserves.
(d)Any investment of a domestic title insurer acquired
before May 27, 1983, and which, under this section, would be
considered ineligible as an investment on that date shall be
disposed of before May 27, 1985.
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Nearby Sections
15
§ 26-23-101
Overinsurance prohibited§ 26-23-102
Adjuster's reports of overinsurance and causes
of fire; reports deemed privileged communications§ 26-23-104
Terms of policies; extension§ 26-23-105
Exemptions§ 26-23-107
Cancellation and nonrenewal of homeowner's
insurance policies for natural causes restricted§ 26-23-301
Short title§ 26-23-303
Definitions§ 26-23-304
Corporate form required§ 26-23-305
Title insurers; authorized activities