Wyoming Statutes

§ 26-23-331 — Notice of issuance of mortgagee policy

Wyoming § 26-23-331
JurisdictionWyoming
Title 26Insurance Code
Ch. 23CASUALTY INSURANCE, SURETY INSURANCE AND TITLE

This text of Wyoming § 26-23-331 (Notice of issuance of mortgagee policy) 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. § 26-23-331 (2026).

Text

(a)A title insurer or title agent that issues a mortgagee's policy of title insurance on a loan made simultaneous to the purchase of all or part of the residential property securing the loan, if no owner's policy has been ordered, shall inform the borrower in writing that the mortgagee's policy is to be issued, that the mortgagee's policy does not protect the borrower and that the borrower may obtain an owner's title insurance policy for his protection. This notice shall be provided before disbursement of the loan proceeds and before issuance of the mortgagee's policy. The notice shall be on a form the commissioner prescribes.
(b)If the borrower elects not to purchase an owner's title insurance policy, the title insurer or title agent shall obtain from him a statement in writing that the

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Bluebook (online)
Wyoming § 26-23-331, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/23/26-23-331.