GroundRules
← Search the law
Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 26-24-137: Enforcement of contingent liability.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 26 - INSURANCE CODE
  2. CHAPTER 24 - ORGANIZATION AND CORPORATE PROCEDURES OF LEGAL RESERVE STOCK AND MUTUAL INSURERS

(a) The insurer shall notify each member of the amount of the assessment to be paid by written notice mailed to the member's address last of record with the insurer. Failure of the member to receive the notice within the time specified therein for the payment of the assessment or at all, is no defense in any action to collect the assessment.

(b) If a member fails to pay the assessment within the period specified in the notice, which period shall not be less than twenty (20) days from the date of mailing, the insurer may institute suit to collect the assessment.

Collected 2026-09-04T00:16:32Z. Source file · JSON

Browse this collection