Wyoming § 26-28-129 Report and petition for assessment

Wyoming Statutes

§ 26-28-129 — Report and petition for assessment

Wyoming § 26-28-129

Title 26Insurance Code

Ch. 28REHABILITATION AND LIQUIDATION

This text of Wyoming § 26-28-129 (Report and petition for assessment) 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. § 26-28-129 (2026).

Text

(a)Within three (3) years after the date of the entry of a rehabilitation or liquidation order of a domestic mutual insurer or a domestic reciprocal insurer, the commissioner may make and file his report and petition to the court setting forth:

(i)The reasonable value of the insurer's assets;

(ii)The insurer's liabilities to the extent thus far ascertained by the commissioner;

(iii)The aggregate amount of the assessment, if any, which the commissioner deems reasonably necessary to pay all claims, the costs and expenses of collecting the assessments and the costs and expense of the delinquency proceedings in full;

(iv)Any other information relative to the insurer's affairs or property the commissioner deems material.

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

(a) Within three (3) years after the date of the entry of
a rehabilitation or liquidation order of a domestic mutual
insurer or a domestic reciprocal insurer, the commissioner may
make and file his report and petition to the court setting
forth:
(i) The reasonable value of the insurer's assets;
(ii) The insurer's liabilities to the extent thus far
ascertained by the commissioner;
(iii) The aggregate amount of the assessment, if any,
which the commissioner deems reasonably necessary to pay all
claims, the costs and expenses of collecting the assessments and
the costs and expense of the delinquency proceedings in full;
(iv) Any other information relative to the insurer's
affairs or property the commissioner deems material.