2018 Wyoming Statutes
TITLE 26 - INSURANCE CODE
CHAPTER 31 - WYOMING INSURANCE GUARANTY ASSOCIATION ACT
SECTION 26-31-104 - Association created; members; operation and exercise of powers.

Universal Citation: WY Stat § 26-31-104 (2018)

26-31-104. Association created; members; operation and exercise of powers.

(a) There is created a nonprofit unincorporated legal entity to be known as the Wyoming Insurance Guaranty Association.

(b) All member insurers as defined in this chapter are members of the association as a condition of their authority to transact insurance in this state.

(c) The association shall:

(i) Perform its functions under a plan of operation established and approved under W.S. 26-31-108; and

(ii) Exercise its powers through a board of directors established under W.S. 26-31-105.

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