reglab/housing_qa huggingface dataset:
WY Stat § 26-8-113 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 1 - Administration of Deposits|Section 26-8-113 - Duration and Release of Deposit.

26-8-113. Duration and release of deposit.| (a) Any deposit an insurer makes in this state pursuant to this code, including assets held in another state under custodial arrangements permitted by W.S. 26-8-105(b), shall be held as long as:  (i) There is outstanding any liability of the insurer as to which the deposit was so required; or  (ii) The basis of retaliation exists if the deposit was required under W.S. 26-3-130.  (b) Upon a domestic insurer's request, the commissioner shall return to the insurer the whole or any portion of its assets held on deposit if the commissioner is satisfied that the assets to be returned are not subject to liability and are not required to be longer held by any provision of law or purposes of the original deposit. If the insurer has reinsured all its outstanding risks in another insurer authorized to transact insurance in this state, the commissioner shall deliver the assets and securities to the insurer assuming the risks, upon the domestic insurer's written notice that the assets have been assigned and transferred to the reinsuring insurer. The notice shall be accompanied by a verified copy of the assignment or transfer.  (c) The commissioner shall return any deposit made in this state by a foreign insurer, if that insurer ceases transacting insurance in this state and is not subject to any liability in this state for which the deposit was held.  (d) If the insurer is subject to delinquency proceedings as defined in W.S. 26-28-101, upon the order of a court of competent jurisdiction the commissioner shall yield the insurer's assets held on deposit to the insurer's receiver, conservator, rehabilitator or liquidator, or to any other properly designated official who succeeds to the management and control of the insurer's assets.  (e) No release of deposited assets shall be made except upon application to and the written order of the commissioner. The commissioner has no personal liability for any release of any deposit or part thereof he makes in good faith.
WY Stat § 26-8-114 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 1 - Administration of Deposits|Section 26-8-114 - Commissioner's Liability.

26-8-114. Commissioner's liability.| If the commissioner willfully fails to require, deposit, keep, account and receipt for, or surrender in the manner by law authorized or required any assets as provided in this code, he is responsible upon his official bond therefor and suit may be brought upon his bond by any person injured by the failure.
WY Stat § 26-8-201 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 2 - Holding of Securities|Section 26-8-201 - Definitions.

26-8-201. Definitions.| (a) As used in this article:  (i) "Clearing corporation" means a corporation as defined in W.S. 34.1-8-102(a)(v), except that with respect to securities issued by institutions organized or existing under the laws of any foreign country or securities used to meet the deposit requirements pursuant to the laws of a foreign country as a condition of doing business therein, clearing corporation may include a corporation which is organized or existing under the laws of any foreign country and is legally qualified under those laws to effect transactions in securities by computerized book-entry. Clearing corporation also includes the "treasury/reserve automated debt entry securities system" and the "treasury direct" book-entry securities systems established pursuant to 31 U.S.C. § 3100, et seq., 12 U.S.C. part 391 and 5 U.S.C. part 301;  (ii) Repealed By Laws 2007, Ch. 44, § 3.  (iii) Repealed By Laws 2007, Ch. 44, § 3.  (iv) Repealed By Laws 2007, Ch. 44, § 3.  (v) "Security" means as defined in W.S. 34.1-8-102(a)(xv);  (vi) "Custodian" means a national bank, state bank or a trust company which participates in a clearing corporation.
WY Stat § 26-8-202 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 2 - Holding of Securities|Section 26-8-202 - Use of Book-Entry Systems.

26-8-202. Use of book-entry systems.| (a) Notwithstanding any other provision of law, but subject to W.S. 26-24-129, a domestic insurer may deposit or arrange for the deposit of securities held in or purchased for its general account and its separate accounts in a clearing corporation. When securities are deposited with a clearing corporation, certificates representing securities of the same class of the same issuer may be merged and held in bulk in the name of the nominee of the clearing corporation with any other securities deposited with the clearing corporation by any person, regardless of the ownership of the securities, and certificates representing securities of small denominations may be merged into one (1) or more certificates of larger denominations. The records of any custodian through which an insurer holds securities in a clearing corporation, shall at all times show that the securities are held for the insurer and the accounts in which they are held. Ownership of, and other interests in, the securities may be transferred by bookkeeping entry on the books of the clearing corporation without physical delivery of certificates representing the securities.  (b) The commissioner is authorized to promulgate rules and regulations governing the deposit by insurers of securities with clearing corporations, including establishing standards for national banks, state banks and trust companies to qualify as custodians for insurance company securities.
WY Stat § 26-8-203 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 2 - Holding of Securities|Section 26-8-203 - Deposit of Securities by Insurers.

26-8-203. Deposit of securities by insurers.| Notwithstanding any other provision of law, the securities qualified for deposit under this chapter may be deposited with a clearing corporation. Securities deposited with a clearing corporation and used to meet the deposit requirements set forth in chapter 3 of this code shall be under the control of the commissioner and shall not be withdrawn by the insurer without the approval of the commissioner. Any insurer holding securities in this manner shall provide to the commissioner evidence issued by its custodian through which the insurer has deposited the securities in a clearing corporation in order to establish that the securities are actually recorded in an account in the name of the custodian and that the records of the custodian reflect that the securities are held subject to the order of the commissioner.
WY Stat § 26-8-204 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 8 - Administration of Assets and Deposits|Article 2 - Holding of Securities|Section 26-8-204 - Deposit of Securities by Foreign Insurers.

26-8-204. Deposit of securities by foreign insurers.| Notwithstanding any other provision of law, securities eligible for deposit under the insurance laws of this state relating to deposit of securities by an insurer as a condition of commencing or continuing to do an insurance business in this state may be deposited with a clearing corporation. Securities deposited with a clearing corporation and used to meet the deposit requirements under the insurance laws of this state shall be under the control of the commissioner and shall not be withdrawn by the insurer without the approval of the commissioner. Any insurer holding securities in this manner shall provide to the commissioner evidence issued by its custodian in order to establish that the securities are actually recorded in an account in the name of the custodian and evidence that the records of the custodian reflect that the securities are held subject to the order of the commissioner.
WY Stat § 26-9-201 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-201 - Purpose and Scope.

26-9-201. Purpose and scope.| This chapter governs the qualifications and procedures for the licensing of insurance producers. This chapter does not apply to excess and surplus lines brokers licensed pursuant to W.S. 26-11-112 except as provided in W.S. 26-9-207(b), 26-9-207(c), 26-9-207(g), 26-9-208 and 26-9-230 or as expressly provided in chapter 11 of this code.
WY Stat § 26-9-203 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-203 - License Required.

26-9-203. License required.| A person shall not sell, solicit or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with this chapter.
WY Stat § 26-9-205 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-205 - Application for Examination.

26-9-205. Application for examination.| (a) A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to W.S. 26-9-209. The examination shall test the knowledge of the individual concerning the lines of authority for which application is made, the duties and responsibilities of an insurance producer and the insurance laws and regulations of this state. Examinations required by this section shall be developed and conducted by the commissioner who may promulgate appropriate rules and regulations on the administration of examinations.  (b) The commissioner may make arrangements, including contracting with an outside testing service, for administering examinations. If an outside testing service is employed, each individual applying for an examination shall remit the appropriate fee for the examination to the testing service.
WY Stat § 26-9-206 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-206 - Application for License.

26-9-206. Application for license.| (a) A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application and declare under penalty of refusal, suspension or revocation of the license that the statements made in the application are true, correct and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that the individual:  (i) Is at least eighteen (18) years of age;  (ii) Has not committed any act that is a ground for denial, suspension or revocation set forth in W.S. 26-9-211;  (iii) Has paid the fees set forth in W.S. 26-4-101(a);  (iv) Has successfully passed the examinations for the lines of authority for which the person has applied; and  (v) Has provided the commissioner fingerprints and other information and permission necessary for a criminal history record background check as provided in W.S. 7-19-201(a). The cost of the criminal history record background check shall be paid by the applicant.  (b) A business entity acting as an insurance producer is required to obtain an insurance producer license. Application shall be made using the uniform business entity application. Before approving the application, the commissioner shall find that:  (i) The business entity has paid the fees set forth in W.S. 26-4-101(a); and  (ii) The business entity has designated a licensed producer responsible for the business entity's compliance with the insurance laws, rules and regulations of this state.  (c) The commissioner may require any documents reasonably necessary to verify the information contained in an application.  (d) Each insurer that sells, solicits or negotiates any form of limited line credit insurance shall provide to each individual whose duties will include selling, soliciting or negotiating limited line credit insurance a program of instruction.
WY Stat § 26-9-208 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-208 - Nonresident Licensing.

26-9-208. Nonresident licensing.| (a) Unless denied licensure pursuant to W.S. 26-9-211, a nonresident person shall receive a nonresident producer license if:  (i) The person is currently licensed as a resident and is in good standing in his home state;  (ii) The person has submitted the proper request for licensure and has paid the fees required by W.S. 26-4-101(a);  (iii) The person has submitted or transmitted to the commissioner the application for licensure the person submitted to his home state, or in lieu of the same, a completed uniform application; and  (iv) The person's home state awards nonresident producer licenses to residents of this state on the same basis.  (b) The commissioner may verify the producer's licensing status through the producer database maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries.  (c) A nonresident producer who moves from one (1) state to another or a resident producer who moves from this state to another state shall file a change of address and provide certification from the new resident state within thirty (30) days of the change of legal residence. No fee or license application is required.  (d) Notwithstanding any other provision of this chapter, a person licensed as a surplus lines producer in his home state shall receive a nonresident surplus lines producer license pursuant to subsection (a) of this section. Except as to subsection (a) of this section, nothing in this section otherwise amends or supercedes any provision of chapter 11 of this code.  (e) Notwithstanding any other provision of this chapter, a person licensed as a limited line credit insurance or other type of limited lines producer in his home state shall receive a nonresident limited lines producer license, pursuant to subsection (a) of this section, granting the same scope of authority as granted under the license issued by the producer's home state. For the purposes of this subsection, limited line insurance is any authority granted by the home state which restricts the authority of the license to less than the total authority prescribed in the associated major lines pursuant to W.S. 26-9-207(a)(i) through (vi).
WY Stat § 26-9-209 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-209 - Exemption From Examination.

26-9-209. Exemption from examination.| (a) An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in another state shall not be required to complete an examination. This exemption is only available if the person is currently licensed in that state or if the application is received within ninety (90) days of the cancellation of the applicant's previous license and if the prior state issues a certification that, at the time of cancellation, the applicant was in good standing in that state or the state's producer database records, maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.  (b) A person licensed as an insurance producer in another state who moves to this state shall make application within ninety (90) days of establishing legal residence to become a resident licensee pursuant to W.S. 26-9-206. No examination shall be required of that person to obtain any line of authority previously held in the prior state except where the commissioner determines otherwise by regulation.  (c) Repealed By Laws 2013, Ch. 123, § 3.
WY Stat § 26-9-210 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-210 - Temporary Licensing.

26-9-210. Temporary licensing.| (a) The commissioner may issue a temporary insurance producer license for a period not to exceed one hundred eighty (180) days without requiring an examination if the commissioner deems that the temporary license is necessary for the servicing of an insurance business in the following cases:  (i) To the surviving spouse or court-appointed personal representative of a licensed insurance producer who dies or becomes mentally or physically disabled to allow adequate time for the sale of the insurance business owned by the producer or for the recovery or return of the producer to the business or to provide for the training and licensing of new personnel to operate the producer's business;  (ii) To a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license;  (iii) To the designee of a licensed insurance producer entering active service in the armed forces of the United States; or  (iv) In any other circumstance where the commissioner deems that the public interest will best be served by the issuance of this license.  (b) The commissioner may by order limit the authority of any temporary licensee in any way deemed necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all acts of the temporary licensee and may impose other similar requirements designed to protect insureds and the public. The commissioner may by order revoke a temporary license if the interest of insureds or the public are endangered. A temporary license may not continue after the owner or the personal representative disposes of the business.
WY Stat § 26-9-212 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-212 - Commissions.

26-9-212. Commissions.| (a) An insurer or insurance producer shall not pay a commission, service fee, brokerage or other valuable consideration to a person for selling, soliciting or negotiating insurance in this state if that person is required to be licensed under this chapter and is not so licensed.  (b) A person shall not accept a commission, service fee, brokerage or other valuable consideration for selling, soliciting or negotiating insurance in this state if that person is required to be licensed under this chapter and is not so licensed.  (c) Renewal or other deferred commissions may be paid to a person for selling, soliciting or negotiating insurance in this state if the person was required to be licensed under this chapter at the time of the sale, solicitation or negotiation and was so licensed at that time.  (d) An insurer or insurance producer may pay or assign commissions, brokerages or other valuable consideration to an insurance agency or to persons who do not sell, solicit or negotiate insurance in this state, unless the payment would violate W.S. 26-13-110 or 26-13-112.
WY Stat § 26-9-213 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-213 - Appointments.

26-9-213. Appointments.| (a) An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.  (b) To appoint a producer as its agent, the appointing insurer shall file, in a format approved by the commissioner, a notice of appointment within fifteen (15) days from the date the agency contract is executed or the first insurance application is submitted. An insurer may also elect to appoint a producer to all or some insurers within the insurer's holding company system or group by the filing of a single appointment request.  (c) Upon receipt of the notice of appointment, the commissioner shall verify within a reasonable time that the insurance producer is eligible for appointment. If the insurance producer is determined to be ineligible for appointment, the commissioner shall notify the insurer.  (d) An insurer shall pay an appointment fee, in the amount set forth in W.S. 26-4-101(a), for each insurance producer appointed by the insurer.  (e) An insurer shall remit, on or before March 31 and in a manner prescribed by the commissioner, an annual continuation appointment fee in the amount set forth in W.S. 26-4-101(a).
WY Stat § 26-9-215 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-215 - Reciprocity.

26-9-215. Reciprocity.| (a) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from his home state, except the requirements imposed by W.S. 26-9-208, if the applicant's home state awards nonresident licenses to residents of this state on the same basis.  (b) In order to carry out the provisions of subsection (a) of this section, the commissioner may negotiate and enter into reciprocal arrangements with the insurance supervisory official of any other state or province.
WY Stat § 26-9-216 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-216 - Reporting of Actions.

26-9-216. Reporting of actions.| (a) A resident or nonresident insurance producer shall report to the commissioner any administrative action taken against the producer in another jurisdiction or by another governmental agency in this state within thirty (30) days of the final disposition of the matter. This report shall include a copy of the order, consent to order or other relevant legal documents.  (b) Within thirty (30) days of the initial pretrial hearing date, a resident or nonresident insurance producer shall report to the commissioner any criminal prosecution of the producer taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing and any other relevant legal documents.
WY Stat § 26-9-217 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 9 - Agencies and Adjusters|Article 2 - Insurance Producers|Section 26-9-217 - Regulations; Limitation.

26-9-217. Regulations; limitation.| (a) The commissioner may, in accordance with W.S. 26-2-110 promulgate reasonable regulations as are necessary or proper to carry out the purposes of this chapter.  (b) Repealed By Laws 2007, Ch. 43, § 1.