Wyoming § 26-37-107 Mechanical breakdown insurance organizations;
revocation or suspension of certificate of authority

Wyoming Statutes

§ 26-37-107 — Mechanical breakdown insurance organizations; revocation or suspension of certificate of authority

Wyoming § 26-37-107

Title 26Insurance Code

Ch. 37MECHANICAL BREAKDOWN INSURANCE

This text of Wyoming § 26-37-107 (Mechanical breakdown insurance organizations; revocation or suspension of certificate of authority) 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. § 26-37-107 (2026).

Text

(a)The commissioner shall revoke or suspend the certificate of authority issued to any mechanical breakdown insurance organization under W.S. 26-37-106 if after a hearing in accordance with W.S. 26-2-125 through 26-2-129, he finds the organization:

(i)Violates any provision of this chapter or chapter 13 of this code;

(ii)Is insolvent;

(iii)Has assets less than its liabilities;

(iv)Refuses or any officer refuses to submit to an examination; or

(v)Is transacting business fraudulently.

(b)The commissioner shall give public notice of any revocation or suspension under this section in a manner he deems proper.

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(a) The commissioner shall revoke or suspend the
certificate of authority issued to any mechanical breakdown
insurance organization under W.S. 26-37-106 if after a hearing
in accordance with W.S. 26-2-125 through 26-2-129, he finds the
organization:
(i) Violates any provision of this chapter or chapter
13 of this code;
(ii) Is insolvent;
(iii) Has assets less than its liabilities;
(iv) Refuses or any officer refuses to submit to an
examination; or
(v) Is transacting business fraudulently.
(b) The commissioner shall give public notice of any
revocation or suspension under this section in a manner he deems
proper.