Wyoming Statutes

§ 26-23-322 — Rebates and inducements prohibited

Wyoming·Title 26 Insurance Code·Ch. 23 CASUALTY INSURANCE, SURETY INSURANCE AND TITLE
(a)No title insurer or title agent shall:
(i)Pay in any manner to any person any commission, any part of its premiums, fees or other charges or any other consideration as inducement or compensation for the referral of title business or for performance of any escrow or other service by the title insurer or title agent;
(ii)Issue any title insurance policy or perform any service in connection with any transaction in which it has paid or intends to pay any commission, rebate or inducement which it knows to be in violation of this section.
(b)No person shall knowingly receive or accept in any manner, any commission, rebate or inducement referred to in subsection (a) of this section.
(c)Nothing in this section shall be construed as prohibiting reasonable payments, other than for the referr

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 26-23-322 (Rebates and inducements prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗