Wyoming Statutes
§ 26-28-109 — Order of rehabilitation
Wyoming § 26-28-109
This text of Wyoming § 26-28-109 (Order of rehabilitation) 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. § 26-28-109 (2026).
Text
(a)An order to rehabilitate a domestic insurer shall
direct the commissioner immediately to:
(i)Take possession of the insurer's property and
conduct its business; and
(ii)Take any steps the court directs toward removal
of the causes and conditions making rehabilitation necessary.
(b)If at any time the commissioner deems that further
efforts to rehabilitate the insurer would be useless, he may
apply to the court for an order of liquidation.
(c)The commissioner or any interested person, upon notice
to the commissioner, may apply to the court for an order
terminating the rehabilitation proceedings and permitting the
insurer to resume possession of its property and the conduct of
its business. No termination order shall be made or entered
unless, after a hearing, the court determines tha
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Nearby Sections
15
§ 26-28-101
Definitions§ 26-28-102
Delinquency proceedings; jurisdiction; venue;
change of venue; exclusiveness of remedy; appeal§ 26-28-103
Delinquency proceedings; commencement§ 26-28-104
Injunctions§ 26-28-106
Grounds for receivership; liquidation§ 26-28-109
Order of rehabilitation§ 26-28-110
Order of liquidation§ 26-28-115
Claims against foreign insurersCite This Page — Counsel Stack
Bluebook (online)
Wyoming § 26-28-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/28/26-28-109.