This text of Wyoming § 26-37-102 (Definitions) 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.
(a)As used in this chapter:
(i)"Agent" means a person licensed as a casualty
insurance agent in this state and appointed by a mechanical
breakdown insurer as its agent under this code;
(ii)"Commissioner" means the state insurance
commissioner;
(iii)"Department" means the state department of
insurance;
(iv)"Mechanical breakdown insurance" means a
contractual undertaking in which a person undertakes to
indemnify another for direct or consequential loss caused by the
failure or malfunction of a component or system of a motor
vehicle, but does not include:
(A)For new motor vehicles, those contractual
undertakings to repair the motor vehicle provided by the
manufacturer, by a subsidiary of the manufacturer or by the
importer only;
(B)For used motor vehicles, those contractual
undertaking
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(a) As used in this chapter:
(i) "Agent" means a person licensed as a casualty
insurance agent in this state and appointed by a mechanical
breakdown insurer as its agent under this code;
(ii) "Commissioner" means the state insurance
commissioner;
(iii) "Department" means the state department of
insurance;
(iv) "Mechanical breakdown insurance" means a
contractual undertaking in which a person undertakes to
indemnify another for direct or consequential loss caused by the
failure or malfunction of a component or system of a motor
vehicle, but does not include:
(A) For new motor vehicles, those contractual
undertakings to repair the motor vehicle provided by the
manufacturer, by a subsidiary of the manufacturer or by the
importer only;
(B) For used motor vehicles, those contractual
undertakings to repair the motor vehicle provided and
administered by the manufacturer, a subsidiary of the
manufacturer, the seller or the lessor only;
(C) Service contracts issued by persons pursuant
to article 1 of chapter 49 of this code.
(v) "Mechanical breakdown insurance organization" or
"organization" means any legal entity transacting mechanical
breakdown insurance as an insurer in this state whether directly
or indirectly, who is not a "mechanical breakdown insurer" as
defined in this chapter;
(vi) "Mechanical breakdown insurance dealer" or
"dealer" means a person dealing in or financing the purchase of
motor vehicles or an authorized motor club under this code, and
transacting mechanical breakdown insurance in this state as a
contractor for a mechanical breakdown insurance organization;
(vii) "Mechanical breakdown insurance representative"
or "representative" means an individual either the sole
proprietor, officer or employee of a dealer and soliciting
applications for mechanical breakdown insurance as the
representative of that dealer;
(viii) "Mechanical breakdown insurer" means a person
holding a subsisting certificate of authority to transact
casualty insurance in this state and transacting mechanical
breakdown insurance in this state;
(ix) "Motor vehicle" means a self-propelled device or
a component of a self-propelled device designed to transport
persons or cargo upon land or water or through air;
(x) "This code" means title 26 of the Wyoming
statutes.