2015 Wyoming Code
TITLE 26 - INSURANCE CODE
CHAPTER 26 - FARM MUTUAL PROPERTY INSURERS
SECTION 26-26-110. - Certificate of authority required; issuance; expiration; suspension or revocation.
26-26-110. Certificate of authority required; issuance; expiration; suspension or revocation.
(a) A farm mutual insurer shall not insure any risk in this state unless it then holds a valid certificate of authority issued to it by the commissioner.
(b) Upon application the commissioner shall issue a certificate to any insurer qualified therefor under this chapter.
(c) The insurer shall pay the commissioner a fee of one hundred dollars ($100.00) for the certificate of authority.
(d) The certificate automatically continues in force each year the insurer files its annual statement as required in W.S. 26-26-120.
(e) If the insurer does not file its annual statement within thirty (30) days from the date the statement is otherwise required to be filed, its certificate of authority expires.
(f) The commissioner may suspend or revoke a certificate of authority for violation of or noncompliance with any provision contained or referred to in this chapter.
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