Wyoming Statutes

§ 26-27-115 — Advances to insurer

Wyoming § 26-27-115
JurisdictionWyoming
Title 26Insurance Code
Ch. 27RECIPROCAL INSURERS

This text of Wyoming § 26-27-115 (Advances to insurer) 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. § 26-27-115 (2026).

Text

The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms any funds it requires in its operations. Any advanced funds shall not be treated as a liability of the insurer, and, except upon liquidation of the insurer, shall not be withdrawn or repaid except out of the insurer's realized earned surplus in excess of its minimum required surplus. No withdrawal or repayment shall be made without the commissioner's advance approval. This section does not apply to bank loans or to other loans made upon security.

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Bluebook (online)
Wyoming § 26-27-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/27/26-27-115.