Wyoming Statutes
§ 26-42-115 — Stay of proceedings; reopening default judgments
All proceedings in which the insolvent insurer is a party in any
court in this state shall be stayed one hundred eighty (180)
days from the date an order of liquidation, rehabilitation or
conservation is final to permit proper legal action by the
association on any matters germane to its powers or duties. As
to judgment under any decision, order, verdict or finding based
on default the association may apply to have the judgment set
aside by the same court that made the judgment and shall be
permitted to defend against the suit on the merits.
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Nearby Sections
15
§ 26-42-101
Short title§ 26-42-102
Definitions§ 26-42-103
Coverage and limitations§ 26-42-104
Creation of the association§ 26-42-105
Board of directors§ 26-42-106
Powers and duties of the association§ 26-42-107
Assessments§ 26-42-108
Plan of operation§ 26-42-109
Duties and powers of the commissioner§ 26-42-110
Prevention of insolvencies§ 26-42-111
Credits for assessments paid; tax offsets§ 26-42-114
Tax exemptions