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Current as of January 01, 2024 | Updated by Findlaw Staff
Transfer of shares of stock of a domestic stock insurer made at a time when the insurer's capital or surplus is impaired, as referred to in W.S. 26-24-141(a), whether before, during or after the period allowed by the commissioner for curing the impairment, does not release the party making the transfer from liability as to impairment accruing prior to the transfer and while the party was a stockholder.
Cite this article: FindLaw.com - Wyoming Statutes Title 26. Insurance Code § 26-24-144. Impairment of capital or assets; transfer of shares during impairment - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-26-insurance-code/wy-st-sect-26-24-144/
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