Wyoming § 26-28-107 Grounds for conservation; foreign insurers or
alien insurers

Wyoming Statutes

§ 26-28-107 — Grounds for conservation; foreign insurers or alien insurers

Wyoming·Title 26 Insurance Code·Ch. 28 REHABILITATION AND LIQUIDATION

(a)The commissioner may apply to the court for an order appointing him as receiver or ancillary receiver and directing him to conserve the assets within this state of a foreign or alien insurer upon:

(i)Any of the grounds specified in W.S. 26-28-105 or 26-28-106; or

(ii)The ground that the insurer's property has been sequestrated in its domiciliary sovereignty or in any other sovereignty; or

(iii)If an alien insurer, the ground that the insurer failed to comply, within the time the commissioner designated, with an order by the commissioner to make good an impairment of its trusteed funds.

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(a) The commissioner may apply to the court for an order
appointing him as receiver or ancillary receiver and directing
him to conserve the assets within this state of a foreign or
alien insurer upon:
(i) Any of the grounds specified in W.S. 26-28-105 or
26-28-106; or
(ii) The ground that the insurer's property has been
sequestrated in its domiciliary sovereignty or in any other
sovereignty; or
(iii) If an alien insurer, the ground that the
insurer failed to comply, within the time the commissioner
designated, with an order by the commissioner to make good an
impairment of its trusteed funds.

Wyoming § 26-28-107 (Grounds for conservation; foreign insurers or alien insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.