reglab/housing_qa huggingface dataset:
WY Stat § 26-36-109 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-109 - Notice and Registration Requirements of Purchasing Groups.

26-36-109. Notice and registration requirements of purchasing groups.| (a) A purchasing group which intends to do business in this state shall furnish notice to the commissioner which shall:  (i) Identify the state in which the group is domiciled;  (ii) Specify the lines and classifications of liability insurance which the purchasing group intends to purchase;  (iii) Identify the insurance company from which the group intends to purchase its insurance and the domicile of such company;  (iv) Identify the principal place of business of the group; and  (v) Provide such other information as may be required by the commissioner to verify that the purchasing group is qualified under W.S. 26-36-103(a)(x).  (b) The purchasing group shall register with and designate the commissioner as its agent solely for the purpose of receiving service of legal documents or process, except that such requirements shall not apply in the case of a purchasing group:  (i) Which was domiciled before April 1, 1986, and is domiciled on and after October 27, 1986 in any state of the United States;  (ii) Which before October 27, 1986 purchased insurance from an insurance carrier licensed in any state, and since October 27, 1986 purchased its insurance from an insurance carrier licensed in any state;  (iii) Which was a purchasing group under the requirements of the Product Liability Risk Retention Act of 1981 before October 27, 1986; and  (iv) Which does not purchase insurance that was not authorized for purposes of an exemption under that act, as in effect before October 27, 1986.
WY Stat § 26-36-110 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-110 - Restrictions on Insurance Purchased by Purchasing Groups.

26-36-110. Restrictions on insurance purchased by purchasing groups.| A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state or from an insurer not admitted in the state in which the purchasing group is located unless the purchase is effected through a licensed agent or broker acting pursuant to the surplus lines laws and regulations of such state.
WY Stat § 26-36-111 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-111 - Administrative and Procedural Authority Regarding Risk Retention Groups and Purchasing Groups.

26-36-111. Administrative and procedural authority regarding risk retention groups and purchasing groups.| The commissioner is authorized to make use of any of the powers established under the Insurance Code of this state to enforce the laws of this state so long as those powers are not specifically preempted by the Product Liability Risk Retention Act of 1981, as amended by the Risk Retention Amendments of 1986. This includes, but is not limited to, the commissioner's administrative authority to investigate, issue subpoenas, conduct depositions and hearings, issue orders and impose penalties. With regard to any investigation, administrative proceedings or litigation, the commissioner can rely on the procedural law and regulations of the state. The injunctive authority of the commissioner in regard to risk retention groups is restricted by the requirement that any injunction be issued by a court of competent jurisdiction.
WY Stat § 26-36-112 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-112 - Penalties.

26-36-112. Penalties.| A risk retention group which violates any provision of this act will be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license and the right to do business in this state.
WY Stat § 26-36-113 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-113 - Duty of Agents or Brokers to Obtain License.

26-36-113. Duty of agents or brokers to obtain license.| Any person acting or offering to act as an agent or broker for a risk retention group or purchasing group which solicits members, sells insurance coverage, purchases coverage for its members located within the state or otherwise does business in this state shall, before commencing any such activity, obtain a license from the commissioner pursuant to the laws of this state except that no restrictions as to residency which discriminate against a nonresident agent or broker shall apply to risk retention agents or brokers.
WY Stat § 26-36-114 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-114 - Binding Effect of Orders Issued in United States District Court.

26-36-114. Binding effect of orders issued in United States district court.| An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance or operating in any state or in all states or in any territory or possession of the United States upon a finding that such a group is in a hazardous financial condition shall be enforceable in the courts of this state.
WY Stat § 26-36-115 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-115 - Rules and Regulations.

26-36-115. Rules and regulations.| The commissioner may establish and from time to time amend such rules relating to risk retention groups as may be necessary to implement the provisions of the act.
WY Stat § 26-36-116 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 36 - Risk Retention|Section 26-36-116 - Registration Fee.

26-36-116. Registration fee.| Each risk retention group or risk purchasing group seeking to do business in the state of Wyoming shall pay a registration fee of two hundred dollars ($200.00), which shall accompany the required registration application. Each risk retention group or risk purchasing group doing business in Wyoming shall be required to pay an annual fee of two hundred dollars ($200.00) payable on or before March 1 of each year to renew its registration.
WY Stat § 26-37-101 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-101 - Short Title.

26-37-101. Short title.| This chapter is known and may be cited as the "Mechanical Breakdown Insurance Act".
WY Stat § 26-37-102 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-102 - Definitions.

26-37-102. Definitions.| (a) As used in this chapter:  (i) "Agent" means a person licensed as a casualty insurance agent in this state and appointed by a mechanical breakdown insurer as its agent under this code;  (ii) "Commissioner" means the state insurance commissioner;  (iii) "Department" means the state department of insurance;  (iv) "Mechanical breakdown insurance" means a contractual undertaking in which a person undertakes to indemnify another for direct or consequential loss caused by the failure or malfunction of a component or system of a motor vehicle, but does not include:  (A) For new motor vehicles, those contractual undertakings to repair the motor vehicle provided by the manufacturer, by a subsidiary of the manufacturer or by the importer only;  (B) For used motor vehicles, those contractual undertakings to repair the motor vehicle provided and administered by the manufacturer, a subsidiary of the manufacturer, the seller or the lessor only;  (C) Service contracts issued by persons pursuant to article 1 of chapter 49 of this code.  (v) "Mechanical breakdown insurance organization" or "organization" means any legal entity transacting mechanical breakdown insurance as an insurer in this state whether directly or indirectly, who is not a "mechanical breakdown insurer" as defined in this chapter;  (vi) "Mechanical breakdown insurance dealer" or "dealer" means a person dealing in or financing the purchase of motor vehicles or an authorized motor club under this code, and transacting mechanical breakdown insurance in this state as a contractor for a mechanical breakdown insurance organization;  (vii) "Mechanical breakdown insurance representative" or "representative" means an individual either the sole proprietor, officer or employee of a dealer and soliciting applications for mechanical breakdown insurance as the representative of that dealer;  (viii) "Mechanical breakdown insurer" means a person holding a subsisting certificate of authority to transact casualty insurance in this state and transacting mechanical breakdown insurance in this state;  (ix) "Motor vehicle" means a self-propelled device or a component of a self-propelled device designed to transport persons or cargo upon land or water or through air;  (x) "This code" means title 26 of the Wyoming statutes.
WY Stat § 26-37-103 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-103 - Authorization Required.

26-37-103. Authorization required.| Except as otherwise provided in this chapter, no person shall transact mechanical breakdown insurance in this state unless authorized by the commissioner.
WY Stat § 26-37-104 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-104 - Mechanical Breakdown Insurers; Authorization Required; Application; Fee; Issuance; Renewal; Revocation and Suspension.

26-37-104. Mechanical breakdown insurers; authorization required; application; fee; issuance; renewal; revocation and suspension.| (a) Any person holding a subsisting certificate of authority to transact casualty insurance in this state may apply to the commissioner for authorization to transact mechanical breakdown insurance in this state as a mechanical breakdown insurer.  (b) Application under subsection (a) of this section shall include:  (i) The name and address of the applicant;  (ii) Copies of any subsisting certificates of authority held by the applicant to transact casualty insurance in this state;  (iii) Copies of all policy forms to be used by the applicant;  (iv) A statement delineating the marketing and claims procedures to be used by the applicant along with copies of all relevant forms.  (c) A fee of one hundred dollars ($100.00) shall accompany the application under subsection (b) of this section.  (d) The commissioner shall:  (i) Review the application;  (ii) Notify the applicant of his approval or rejection of the application; and  (iii) Issue a certificate of authority if appropriate.  (e) A certificate of authority is renewable annually unless sooner revoked or suspended.  (f) Mechanical breakdown insurers shall comply with all other provisions of this code relating to the transaction of insurance as an insurer.  (g) The commissioner may revoke or suspend a certificate of authority for any reason enumerated in chapter 3 of this code, following the procedures for hearings in chapter 2 of this code.
WY Stat § 26-37-105 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-105 - Agents of Mechanical Breakdown Insurers.

26-37-105. Agents of mechanical breakdown insurers.| (a) Upon issuance of a certificate of authority under W.S. 26-37-104, a licensed agent appointed to market the casualty insurance policies of the certified mechanical breakdown insurer within this state may market mechanical breakdown insurance policies of that insurer within this state without further licensing, testing or fees from the department.  (b) Agents marketing mechanical breakdown insurance shall comply with all other provisions of this code relating to the transaction of insurance as an agent.
WY Stat § 26-37-107 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-107 - Mechanical Breakdown Insurance Organizations; Revocation or Suspension of Certificate of Authority.

26-37-107. Mechanical breakdown insurance organizations; revocation or suspension of certificate of authority.| (a) The commissioner shall revoke or suspend the certificate of authority issued to any mechanical breakdown insurance organization under W.S. 26-37-106 if after a hearing in accordance with W.S. 26-2-125 through 26-2-129, he finds the organization:  (i) Violates any provision of this chapter or chapter 13 of this code;  (ii) Is insolvent;  (iii) Has assets less than its liabilities;  (iv) Refuses or any officer refuses to submit to an examination; or  (v) Is transacting business fraudulently.  (b) The commissioner shall give public notice of any revocation or suspension under this section in a manner he deems proper.
WY Stat § 26-37-109 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-109 - Appointment of Commissioner as Attorney for Mechanical Breakdown Insurance Organization; Service of Process.

26-37-109. Appointment of commissioner as attorney for mechanical breakdown insurance organization; service of process.| Any mechanical breakdown insurance organization desiring to transact business in this state shall file with the commissioner a duly executed instrument whereby the organization shall appoint the commissioner as the attorney of the organization upon whom all lawful process in any action or legal proceeding against it on a contract issued or cause of action arising in this state may be served. In addition, the organization shall agree that any lawful process against it which may be served upon its attorney as provided in this section shall be of the same force and validity as if served upon the organization and that the authority thereof shall continue in force irrevocably so long as any liability of the organization in the state remains outstanding.
WY Stat § 26-37-110 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-110 - Examination of Mechanical Breakdown Insurance Organizations; Audited Financial Statement.

26-37-110. Examination of mechanical breakdown insurance organizations; audited financial statement.| (a) Every mechanical breakdown insurance organization is subject to examination by the commissioner in the manner and under the conditions provided for examination of insurers pursuant to W.S. 26-2-116 through 26-2-122. In the examination, the assets of any organization are those assets determined by the commissioner to be available for the payment of the obligations of the organization. In accordance with W.S. 26-2-122, the expense of examination shall be paid by the organization.  (b) Instead of examination under subsection (a) of this section, the commissioner may accept a copy of the most recent financial statement of the organization which has been audited by an independent certified public accountant and which demonstrates that the organization is solvent as determined by generally accepted accounting principles.
WY Stat § 26-37-111 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-111 - Mechanical Breakdown Insurance Organizations; Solicitations to Purchase.

26-37-111. Mechanical breakdown insurance organizations; solicitations to purchase.| No person shall solicit or aid in the solicitation of another person to purchase a policy issued by a mechanical breakdown insurance organization not having a certificate of authority procured pursuant to this act.
WY Stat § 26-37-112 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-112 - Mechanical Breakdown Insurance Organizations; Misrepresentations as to Service Contracts.

26-37-112. Mechanical breakdown insurance organizations; misrepresentations as to service contracts.| No mechanical breakdown insurance organization, dealer, representative or other person shall in any manner misrepresent the terms, benefits or privileges of any policy issued by the organization.
WY Stat § 26-37-113 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-113 - Mechanical Breakdown Insurance Organizations; Validity of Policy.

26-37-113. Mechanical breakdown insurance organizations; validity of policy.| Any policy made, issued or delivered contrary to this chapter shall be valid and binding on the mechanical breakdown insurance organization.
WY Stat § 26-37-114 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-114 - Mechanical Breakdown Insurance Organizations; Required Dealer's License.

26-37-114. Mechanical breakdown insurance organizations; required dealer's license.| No person shall act as a mechanical breakdown insurance organization dealer in this state without first procuring a license from the commissioner in accordance with W.S. 26-37-115 through 26-37-119.
WY Stat § 26-37-115 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-115 - Mechanical Breakdown Insurance Organizations; Application for Dealer's License.

26-37-115. Mechanical breakdown insurance organizations; application for dealer's license.| (a) Application for a license as a mechanical breakdown insurance dealer shall be made to the commissioner upon forms prescribed and furnished by the commissioner. As a part of or in connection with any application, the applicant shall furnish information concerning his identity, personal history, experience, business record and other pertinent facts the commissioner may reasonably require.  (b) If the applicant is a firm, partnership or corporation, the application shall in addition to the requirements of subsection (a) of this section:  (i) Contain the names of all members and officers of the firm, partnership or corporation; and  (ii) Designate who is to exercise the powers to be conferred by the license on the firm, partnership or corporation.  (c) The commissioner shall require each individual of a firm, partnership or corporation to furnish information to the extent as if applying for an individual license.  (d) Any person willfully misrepresenting any fact required to be disclosed in any application is subject to the penalties provided by W.S. 26-1-107.
WY Stat § 26-37-116 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-116 - Mechanical Breakdown Insurance Organizations; General Conditions for Issuance or Renewal of Dealer's License.

26-37-116. Mechanical breakdown insurance organizations; general conditions for issuance or renewal of dealer's license.| (a) For the protection of the people of this state, the commissioner shall not issue or renew any mechanical breakdown insurance dealer's license:  (i) Unless the applicant is in compliance with this chapter;  (ii) To any person found untrustworthy or incompetent or who has not established to the satisfaction of the commissioner that he is qualified in accordance with this chapter.
WY Stat § 26-37-117 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-117 - Mechanical Breakdown Insurance Organizations; Qualifications for Dealer's License.

26-37-117. Mechanical breakdown insurance organizations; qualifications for dealer's license.| (a) In addition to conditions specified under W.S. 26-37-116, the commissioner shall issue a mechanical breakdown insurance dealer's license only to an individual otherwise complying with this chapter furnishing evidence satisfactory to the commissioner that he:  (i) Is an adult;  (ii) Has been a bona fide resident of this state for at least three (3) months;  (iii) Is a trustworthy person with a good reputation; and  (iv) Has never been convicted of a felony that relates to the mechanical breakdown insurance profession or to the ability to practice as a mechanical breakdown insurance dealer. The commissioner shall have discretion as to whether to issue a license if there has been a relevant conviction.
WY Stat § 26-37-118 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-118 - Mechanical Breakdown Insurance Organizations; Form and Content of Dealer's License.

26-37-118. Mechanical breakdown insurance organizations; form and content of dealer's license.| (a) The commissioner shall prescribe the form of the mechanical breakdown insurance dealer's license which shall contain the:  (i) Name of the licensee and his business address;  (ii) Date of issuance and the date of expiration; and  (iii) Name of the represented mechanical breakdown insurance organization.
WY Stat § 26-37-119 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-119 - Mechanical Breakdown Insurance Organizations; Annual Renewal of Dealer's License; Fee.

26-37-119. Mechanical breakdown insurance organizations; annual renewal of dealer's license; fee.| (a) Mechanical breakdown insurance dealers' licenses are renewable on July 1 of each year.  (b) The license fee is twenty dollars ($20.00) per year.
WY Stat § 26-37-120 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-120 - Mechanical Breakdown Insurance Organizations; Grounds for Suspension, Revocation or Refusal to Renew Dealer's License Generally.

26-37-120. Mechanical breakdown insurance organizations; grounds for suspension, revocation or refusal to renew dealer's license generally.| (a) The commissioner may suspend, revoke or refuse to renew any mechanical breakdown insurance dealer's license issued under this chapter for any cause specified by this chapter including the following:  (i) A violation or willful participation in a violation of this chapter;  (ii) Obtainment of any license through misrepresentation or fraud;  (iii) Misappropriation, conversion for the use of the licensee or illegal withholding of monies required to be held in a fiduciary capacity;  (iv) Material misrepresentation of the terms or effect of any contract or the engagement in any fraudulent transaction;  (v) A conviction by final judgment of a felony that relates to the mechanical breakdown insurance profession or to the ability to practice as a mechanical breakdown insurance dealer;  (vi) Incompetency, untrustworthiness or a source of injury or loss to the public as demonstrated in the conduct of affairs under a license;  (vii) Misrepresentation of the qualifications of the licensee's representatives;  (viii) Permitting any individual not registered as a representative with the commissioner to act as a representative;  (ix) Any cause of license suspension or revocation provided under W.S. 26-9-211.
WY Stat § 26-37-121 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-121 - Mechanical Breakdown Insurance Organizations; Grounds for Suspension, Revocation or Refusal of Dealer's License of Firm, Partnership or Corporation.

26-37-121. Mechanical breakdown insurance organizations; grounds for suspension, revocation or refusal of dealer's license of firm, partnership or corporation.| A mechanical breakdown insurance dealer's license issued to any firm, partnership or corporation may be suspended, revoked or refused for any cause relating to any individual designated in the license to exercise its powers.
WY Stat § 26-37-122 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 37 - Mechanical Breakdown Insurance|Section 26-37-122 - Mechanical Breakdown Insurance Organizations; Surrender of Revoked or Suspended License Certificate.

26-37-122. Mechanical breakdown insurance organizations; surrender of revoked or suspended license certificate.| The holder of any mechanical breakdown insurance dealer's license which has been revoked or suspended shall immediately surrender the license certificate to the commissioner.