2015 Wyoming Code
TITLE 26 - INSURANCE CODE
CHAPTER 26 - FARM MUTUAL PROPERTY INSURERS
SECTION 26-26-113. - Membership; generally.

WY Stat § 26-26-113. (2015) What's This?

26-26-113. Membership; generally.

(a) Any person owning property in this state which is insurable under the bylaws of a farm mutual insurer may become a member of the insurer by insuring that property, and the person is entitled to all the rights and privileges of membership.

(b) The membership of a farm mutual insurer consists of all the persons lawfully insuring therein.

(c) The insurer's total membership, at all times, shall not be less than the number of persons required by W.S. 26-26-104 for incorporation.

(d) The total amount of property insured, at all times, shall not be less than the amount required by W.S. 26-26-104 for incorporation.

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