Wyoming Statutes

§ 26-27-119 — Subscribers' advisory committee

Wyoming·Title 26 Insurance Code·Ch. 27 RECIPROCAL INSURERS
(a)The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under any rules the subscribers adopt.
(b)Not less than two-thirds (2/3) of the committee shall be subscribers other than the attorney, or any person employed by, representing or having a financial interest in the attorney.
(c)The committee shall:
(i)Supervise the insurer's finances;
(ii)Supervise the insurer's operations to the extent to assure conformity with the subscribers' agreement and power of attorney;
(iii)Procure the audit of the insurer's and the attorney's accounts and records at the insurer's expense; and
(iv)Have any additional powers and functions as the subscribers' agreement confers.

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 26-27-119 (Subscribers' advisory committee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗