Organization and Corporate Procedures of Legal Reserve Stock and Mutual Insurers

  1. Law
  2. Wyoming Statutes
  3. Insurance Code
  4. Organization and Corporate Procedures of Legal Reserve Stock and Mutual Insurers

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Section
26-24-101

Scope and Applicability of Chapter.

Section
26-24-102

Applicability of General Corporation Statutes; Exceptions.

Section
26-24-103

Incorporation Generally.

Section
26-24-104

Articles of Incorporation; Generally; Filing; Approval Procedure.

Section
26-24-105

Articles of Incorporation; Amendment by Stock Insurers.

Section
26-24-106

Articles of Incorporation; Amendment by Mutual Insurers.

Section
26-24-107

Stock of Domestic Insurer to Be Paid for in Cash; Exceptions.

Section
26-24-108

Domestic Insurers to Engage in Insurance Business Exclusively; Exception as to Title Insurers.

Section
26-24-109

Initial Requirements of Domestic Mutual Insurers; Authorized Transactions.

Section
26-24-110

Bond or Deposit Required of Domestic Mutual Insurers.

Section
26-24-111

Applications for Domestic Mutual Insurance; Solicitation by Licensed Agents.

Section
26-24-112

Deposit in Trust of Premiums Collected by Mutual Insurer; Release Upon Issuance of Certificate of Authority.

Section
26-24-113

Failure of Domestic Mutual Insurer to Qualify.

Section
26-24-114

Additional Kinds of Insurance Mutuals.

Section
26-24-115

Membership in Mutuals.

Section
26-24-116

Bylaws of Mutuals.

Section
26-24-117

Meetings of Members of Domestic Mutual Insurers; Where Held; Annual Meeting.

Section
26-24-118

Meetings of Members of Domestic Mutual Insurers; Special Meetings.

Section
26-24-119

Voting Rights of Members of Mutual Insurers.

Section
26-24-120

Information to Stockholders of Domestic Stock Insurers; Proxy Regulations.

Section
26-24-121

Boards of Directors.

Section
26-24-122

Notice of Changes of Officers and Directors.

Section
26-24-123

Management in National Emergency; Purpose of Emergency Provisions.

Section
26-24-124

Emergency Bylaws.

Section
26-24-125

Emergency Provisions in Lieu of Bylaws.

Section
26-24-126

Emergency Succession of Officers; Change of Home Office Location.

Section
26-24-127

Pecuniary Interests of Officers or Directors Prohibited.

Section
26-24-128

Management and Exclusive Agency Contracts.

Section
26-24-129

Home Office Records and Assets; Penalty for Removal; Out-of-State Branch Operations.

Section
26-24-130

Voucher Required for Disbursements.

Section
26-24-131

Borrowing by Insurers.

Section
26-24-132

Participating Policies.

Section
26-24-133

Dividends to Stockholders.

Section
26-24-134

Dividends to Policyholders of Mutual Insurer.

Section
26-24-135

Contingent Liability of Mutual Member Generally.

Section
26-24-136

Levy of Contingent Liability.

Section
26-24-137

Enforcement of Contingent Liability.

Section
26-24-138

Nonassessable Policies.

Section
26-24-139

Revocation of Authority to Issue Policies Without Contingent Liability.

Section
26-24-140

Issuance of Policies in Other States.

Section
26-24-141

Impairment of Capital or Assets; Generally.

Section
26-24-142

Impairment of Capital or Assets; Liability of Directors for Deficiencies.

Section
26-24-143

Impairment of Capital or Assets; Assessment of Stockholders or Members.

Section
26-24-144

Impairment of Capital or Assets; Transfer of Shares During Impairment.

Section
26-24-145

Mutualization of Stock Insurer.

Section
26-24-146

Converting Mutual Insurer to Stock Insurer.

Section
26-24-147

Merger or Consolidation of Stock Insurers.

Section
26-24-148

Acquisitions and Exchanges in Shares of Another Stock Insurer.

Section
26-24-149

Mutual and Stock Insurer Merger Prohibited; Merger or Consolidation of Mutual Insurers.

Section
26-24-150

Bulk Reinsurance.

Section
26-24-151

Mutual Members' Share of Assets Upon Liquidation.