Wyoming Statutes

§ 26-31-104 — Association created; members; operation and exercise of powers

Wyoming·Title 26 Insurance Code·Ch. 31 WYOMING INSURANCE GUARANTY ASSOCIATION ACT
(a)There is created a nonprofit unincorporated legal entity to be known as the Wyoming Insurance Guaranty Association.
(b)All member insurers as defined in this chapter are members of the association as a condition of their authority to transact insurance in this state.
(c)The association shall:
(i)Perform its functions under a plan of operation established and approved under W.S. 26-31-108; and
(ii)Exercise its powers through a board of directors established under W.S. 26-31-105.

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