Wyoming Statutes
§ 26-27-118 — Who may be subscribers
(a)Individuals, partnerships and corporations of this
state may apply, enter into agreement for and hold policies or
contracts in or with and be a subscriber of any domestic,
foreign or alien reciprocal insurer. Any corporation organized
under the laws of this state, in addition to the rights, powers,
and franchises specified in its articles of incorporation, may
exchange insurance contracts through the reciprocal insurer. The
right to exchange the contracts is incidental to the purposes
for which the corporations are organized and is as fully granted
as the rights and powers expressly conferred upon those
corporations.
(b)Any governmental entity, board, association, estate,
trustee or fiduciary is authorized to exchange nonassessable
reciprocal interinsurance contracts with any other go
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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