Wyoming Statutes
§ 26-27-122 — Assessment of subscribers
Wyoming § 26-27-122
This text of Wyoming § 26-27-122 (Assessment of subscribers) 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. § 26-27-122 (2026).
Text
(a)Upon advance approval by the subscribers' advisory
committee and the commissioner, the attorney may levy
assessments upon subscribers of a domestic reciprocal insurer
liable therefor under the terms of their policies. The
commissioner may also levy assessments upon subscribers in
liquidation of the insurer.
(b)Each subscriber's share of a deficiency for which an
assessment is made, but not exceeding in any case his aggregate
contingent liability as computed in accordance with W.S.
26-27-124, shall be computed by applying to the premium earned
on the subscriber's policy or policies during the period to be
covered by the assessment, the ratio of the total deficiency to
the total premiums earned during that period upon all policies
subject to the assessment.
(c)In computing the earned p
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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 insurerCite This Page — Counsel Stack
Bluebook (online)
Wyoming § 26-27-122, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/27/26-27-122.