Wyoming Statutes
§ 26-27-101 — Definitions
(a)As used in this chapter:
(i)"Attorney" means the attorney-in-fact of a
reciprocal insurer and may be an individual, firm or
corporation;
(ii)"Reciprocal insurance" means insurance resulting
from an interexchange among persons, known as "subscribers", of
reciprocal agreements of indemnity, the interexchange being
carried out through an "attorney-in-fact" common to all the
persons;
(iii)"Reciprocal insurer" means an unincorporated
aggregation of subscribers operating individually and
collectively through an attorney-in-fact to provide reciprocal
insurance among themselves.
Free access — add to your briefcase to read the full text and ask questions with AI
Wyoming § 26-27-101 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 26-27-101
Definitions§ 26-27-103
Insuring powers§ 26-27-104
Name; power to sue or be sued§ 26-27-105
Attorney deemed not doing business in state;
subscribers and attorney comprise single entity§ 26-27-106
Surplus funds required§ 26-27-107
Organization; declaration§ 26-27-108
Certificate of authority generally§ 26-27-109
Power of attorney§ 26-27-111
Attorney's bond; generally§ 26-27-112
Attorney's bond; deposit instead of bond§ 26-27-114
Service of process; judgments§ 26-27-115
Advances to insurer