Wyoming Statutes
§ 26-8-112 — Deficiency of deposit; failure to cure
If for any reason the market value of an insurer's assets held
on deposit in this state as required under this code falls below
the required amount, the insurer shall promptly deposit other or
additional assets eligible for deposit sufficient to cure the
deficiency. If the insurer fails to cure the deficiency within
twenty (20) days after receipt of notice thereof by registered
or certified mail from the commissioner, the commissioner shall
revoke the insurer's certificate of authority.
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Wyoming § 26-8-112 (Deficiency of deposit; failure to cure) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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