§ 26-28-102 — Delinquency proceedings; jurisdiction; venue; change of venue; exclusiveness of remedy; appeal

Wyoming § 26-28-102

• Jurisdiction: Wyoming
• Title 26: Insurance Code
• Ch. 28: REHABILITATION AND LIQUIDATION

Text

(a) The district court has original jurisdiction of any
delinquency proceeding under this chapter and any court with
jurisdiction may make any necessary or proper orders to carry
out the purposes of this chapter.
(b) The venue of delinquency proceedings against a
domestic insurer is in the county of the insurer's principal
place of business. The venue of delinquency proceedings against
foreign and alien insurers is in the district court for Laramie
county.
(c) At any time after the commencement of a proceeding
under this chapter, the commissioner may apply to the court for
an order changing the venue of and removing the proceeding to
Laramie county or to any other county of this state in which he
deems that the proceeding may be most economically and
efficiently conducted.
(d) Delinquency proceedings pursuant to this chapter
constitute the sole and exclusive method of liquidating,
rehabilitating, reorganizing or conserving an insurer, and no
court shall entertain a petition for a commencement of such
proceedings unless the petition is filed in the name of the
state on the relation of the commissioner.
(e) An appeal shall lie to the supreme court from any
order:
(i) Granting or refusing rehabilitation, liquidation
or conservation; and
(ii) In delinquency proceedings having the character
of a final order as to the particular portion of the proceedings
embraced therein.