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

Wyo. Stat. § 26-37-107: Mechanical breakdown insurance organizations; revocation or suspension of certificate of authority.

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Where this section sits in the code
  1. TITLE 26 - INSURANCE CODE
  2. CHAPTER 37 - MECHANICAL BREAKDOWN INSURANCE

(a) The commissioner shall revoke or suspend the certificate of authority issued to any mechanical breakdown insurance organization under W.S. 26-37-106 if after a hearing in accordance with W.S. 26-2-125 through 26-2-129, he finds the organization:

(i) Violates any provision of this chapter or chapter 13 of this code;

(ii) Is insolvent;

(iii) Has assets less than its liabilities;

(iv) Refuses or any officer refuses to submit to an examination; or

(v) Is transacting business fraudulently.

(b) The commissioner shall give public notice of any revocation or suspension under this section in a manner he deems proper.

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

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