(a) The trust account shall be:
(b) The licensee may establish the trust account with an initial deposit of the licensee's own funds only if such deposit is required to open the account, or to avoid bank charges or fees for maintaining the account. The deposit of the licensee's own funds shall not exceed the amount required to open the account or to avoid bank charges or fees.
(c) Upon the first deposit of any premiums or return premiums to the account, the licensee shall:
(d) No bank charges or fees shall be paid from funds deposited in the trust account. Such charges or fees shall be paid from the licensee's own funds. If the qualified financial institution deducts any bank charges or fees from the trust account balance, the licensee shall reimburse the trust account those amounts within ten (10) business days following receipt of written notice of the deduction.
044-46 Wyo. Code R. § 46-3
Amended, Eff. 7/13/2017.