Wyoming Statutes

§ 26-7-112 — Security interest in chattels; time limit for disposal

Wyoming § 26-7-112
JurisdictionWyoming
Title 26Insurance Code
Ch. 7INVESTMENTS

This text of Wyoming § 26-7-112 (Security interest in chattels; time limit for disposal) 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. § 26-7-112 (2026).

Text

(a)Except as stated in subsection (b) of this section, the insurer shall dispose of real property acquired under W.S. 26-7-107(a)(xiii)(A) within five (5) years after it ceases to be necessary to the insurer in the transaction of its business and real property acquired under W.S. 26-7-107(a)(xiii)(B), (C) and
(D)within five (5) years after the date of acquisition.
(b)Upon satisfactory proof that the insurer's interests will suffer materially by the forced sale of real property, the commissioner, by order, may grant a reasonable extension of the period within which the insurer shall dispose of any particular parcel of real property, unless the insurer elects to hold the real property as an investment for income purposes under W.S. 26-7-107(a)(xiii)(F), in which case thereafter the real p

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Bluebook (online)
Wyoming § 26-7-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/7/26-7-112.