Wyoming Statutes
§ 26-8-102 — Purposes for holding deposits
(a)Deposits shall be held for purposes as follows:
(i)Deposits made in this state under W.S. 26-3-111
shall be held in trust for the purposes stated in that section;
(ii)A deposit made in this state by a domestic
insurer transacting insurance in another state, province or
country, as required by the laws thereof, shall be held in trust
for the protection of all the insurer's policyholders or all its
policyholders and creditors or for any other purpose specified
by those laws;
(iii)A deposit required under W.S. 26-3-130 shall be
held for purposes specified by the commissioner's order pursuant
to which the deposit is to be made.
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Nearby Sections
15
§ 26-8-101
Authorized deposits of insurers§ 26-8-102
Purposes for holding deposits§ 26-8-103
Securities eligible for deposit§ 26-8-104
Depository§ 26-8-105
Custodial arrangements§ 26-8-108
Appraisal of securities deposited§ 26-8-109
When excess deposits may be required§ 26-8-110
Rights of solvent insurer§ 26-8-111
Levy upon deposit§ 26-8-112
Deficiency of deposit; failure to cure§ 26-8-113
Duration and release of deposit§ 26-8-114
Commissioner's liability§ 26-8-201
Definitions