Wyoming § 26-54-108 Sanctions

Wyoming Statutes

§ 26-54-108 — Sanctions

Wyoming § 26-54-108

Title 26Insurance Code

Ch. 54CORPORATE GOVERNANCE ANNUAL DISCLOSURE

This text of Wyoming § 26-54-108 (Sanctions) 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. § 26-54-108 (2026).

Text

Any insurer failing, without just cause, to timely file the CGAD
required by this act shall be required, after notice and
hearing, to pay a penalty of one hundred dollars ($100.00) for
each day that the CGAD is not filed, to be recovered by the
commissioner. The maximum penalty due under this section shall
be five thousand dollars ($5,000.00). The commissioner may
reduce the penalty if the insurer demonstrates to the
commissioner that the imposition of the penalty would constitute
a financial hardship to the insurer.

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Any insurer failing, without just cause, to timely file the CGAD
required by this act shall be required, after notice and
hearing, to pay a penalty of one hundred dollars ($100.00) for
each day that the CGAD is not filed, to be recovered by the
commissioner. The maximum penalty due under this section shall
be five thousand dollars ($5,000.00). The commissioner may
reduce the penalty if the insurer demonstrates to the
commissioner that the imposition of the penalty would constitute
a financial hardship to the insurer.