Wyoming Statutes

§ 26-45-106 — Penalties and liabilities

Wyoming § 26-45-106
JurisdictionWyoming
Title 26Insurance Code
Ch. 45BROKER CONTROLLED INSURERS

This text of Wyoming § 26-45-106 (Penalties and liabilities) 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. § 26-45-106 (2026).

Text

(a)If the commissioner finds after a hearing conducted in accordance with W.S. 26-2-125 that any person has violated any provision of this article, the commissioner may order any or all of the following:
(i)For each separate violation, a civil penalty not to exceed five thousand dollars ($5,000.00);
(ii)For any controlling broker violating this article, revocation or suspension of the controlling broker's license;
(iii)The controlling broker to reimburse the insurer, the rehabilitator or liquidator of the insurer for any losses incurred by the insurer caused by a violation of this article committed by the controlling broker;
(iv)The controlling broker to cease placing business with the controlled insurer.
(b)Nothing contained in this section shall affect the right of the commissioner

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Nearby Sections

8
§ 26-45-101
Short title
§ 26-45-102
Definitions
§ 26-45-103
Applicability
§ 26-45-104
Minimum standards
§ 26-45-105
Disclosure
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Cite This Page — Counsel Stack

Bluebook (online)
Wyoming § 26-45-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/45/26-45-106.