Wyoming Statutes

§ 33-28-204 — Suspension of licenses following payment from account; reinstatement

Wyoming·Title 33 Professions and Occupations·Ch. 28 REAL ESTATE BROKERS AND SALESPERSONS·Art. 2 WYOMING REAL ESTATE RECOVERY AND EDUCATION FUNDS
If the commission is required to make any payment from the real estate recovery account in settlement of a claim or toward the satisfaction of a judgment, the commission shall immediately suspend the judgment debtor's license. The judgment debtor shall not be licensed by the commission or have his license reinstated by the commission until he has repaid in full the amount paid from the real estate recovery account with interest thereon of eighteen percent (18%) per annum. Repayment under this section shall not prohibit the commission from acting in accordance with W.S. 33-28-111. A discharge in bankruptcy shall not relieve a person from the disabilities and penalties of the section.

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