Wyoming § 26-24-142 Impairment of capital or assets; liability of
directors for deficiencies

Wyoming Statutes

§ 26-24-142 — Impairment of capital or assets; liability of directors for deficiencies

Wyoming § 26-24-142

Title 26Insurance Code

Ch. 24ORGANIZATION AND CORPORATE PROCEDURES OF LEGAL

This text of Wyoming § 26-24-142 (Impairment of capital or assets; liability of directors for deficiencies) 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. § 26-24-142 (2026).

Text

If the insurer fails to cure the deficiency within the period
allowed therefor under W.S. 26-24-141, the insurer's directors
are personally liable for payment of any losses or insurance
benefits on new insurance risks the insurer assumes after
expiration of the period, unless the insurer's certificate of
authority is thereafter reinstated.

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