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Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 26-24-144: Impairment of capital or assets; transfer of shares during impairment.

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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

Transfer of shares of stock of a domestic stock insurer made at a time when the insurer's capital or surplus is impaired, as referred to in W.S. 26-24-141(a), whether before, during or after the period allowed by the commissioner for curing the impairment, does not release the party making the transfer from liability as to impairment accruing prior to the transfer and while the party was a stockholder.

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

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