{"data":{"id":"us-wy/wyo.-stat.-26-24-142","jurisdiction":"us-wy","citation":"Wyo. Stat. § 26-24-142","heading":"Impairment of capital or assets; liability of directors for deficiencies.","body":"If the insurer fails to cure the deficiency within the period allowed therefor under W.S. 26-24-141, the insurer's directors are personally liable for payment of any losses or insurance benefits on new insurance risks the insurer assumes after expiration of the period, unless the insurer's certificate of authority is thereafter reinstated.","path":["TITLE 26 - INSURANCE CODE","CHAPTER 24 - ORGANIZATION AND CORPORATE PROCEDURES OF LEGAL RESERVE STOCK AND MUTUAL INSURERS"],"source_url":"https://wyoleg.gov/statutes/compress/title26.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"868fba3e8c7e8b3c4d55885836ee0216e70e32b181815314fb0f8f3ba7b00597","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-26-24-141","next":"us-wy/wyo.-stat.-26-24-143"},"notice":"GroundRules: Original legal text. Not legal advice."}