Wyo. Stat. § 26-24-113

Current through the 2024 Budget Session
Section 26-24-113 - Failure of domestic mutual insurer to qualify

If the proposed domestic insurer fails to complete its organization and to secure its original certificate of authority within one (1) year from the date of its certificate of incorporation, its corporate powers cease, and the commissioner shall return or cause to be returned to the persons entitled thereto all advance deposits or payments of premiums held in trust under W.S. 26-24-112.

W.S. 26-24-113