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.
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 The holder of any mechanical breakdown insurance dealer’s license which has been revoked or suspended shall immediately surrender the license certificate to the commissioner.
26-37-123. Mechanical breakdown insurance organizations; representatives of dealers; registration required. No person shall act as the representative of a dealer for a mechanical breakdown insurance organization unless he has first been registered with the commissioner pursuant to W.S. 26-37-124.
26-37-124. Mechanical breakdown insurance organizations; representatives of dealers; registration requirements; fee; renewal; suspension or revocation. (a) Any dealer for a mechanical breakdown insurance organization shall register its representatives with the commissioner by filing an application for registration stating the: (i) Name and address of the registrant; (ii) Registrant has been a resident of this state […]
26-37-125. Types of mechanical breakdown insurance; policy and certificate forms; issuance of policies and certificates. (a) A mechanical breakdown insurer and a mechanical breakdown insurance organization may write mechanical breakdown insurance as individual, group, blanket or franchise insurance. Each contractual obligation for mechanical breakdown insurance shall be evidenced by a policy. Any insured person under […]
26-37-126. Filing and approval of contracts; annual reports by organizations. (a) Contracts made between the organization and its dealers and representatives and contracts with other providers of services under the mechanical breakdown insurance policy shall be filed with and approved by the commissioner. (b) Organizations shall annually report to the commissioner in reasonably required detail, […]
26-37-127. Rules and regulations. After notice and hearing, the commissioner may promulgate rules and regulations necessary to carry out this chapter. Rules and regulations promulgated under this chapter are subject to review in accordance with W.S. 28-9-101 through 28-9-108.
26-37-128. Penalty for violation. Any violation of this chapter is punishable as provided by W.S. 26-1-107.
