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2021 Wyoming Statutes
Title 34 - Property, Conveyances and Security Transactions
Chapter 1 - General Provisions
Article 1 - In General
Section 34-1-148 - Liability of Title Insurer or Title Agent.
Universal Citation: WY Stat § 34-1-148 (2021)
34-1-148. Liability of title insurer or title agent.
(a) A title insurer or title agent purporting to act under the provisions of W.S. 34-1-146 who reconveys a trust deed or releases a mortgage is liable for the damages suffered as a result of the reconveyance if the obligation secured by the trust deed or mortgage has not been fully paid and:
(i) The title insurer or title agent failed to comply with the provisions of W.S. 34-1-146 and 34-1-147; or
(ii) The title insurer or title agent acted with gross negligence or in bad faith in reconveying the trust deed.
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