Assessment liability; records; assets; proceedings against impaired or insolvent insurer

W.S. § 26-42-112 — under Chapter 42 — Wyoming Life And Health Insurance.

W.S. § 26-42-112

Assessment liability; records; assets; proceedings against impaired or insolvent insurer. (a) This act shall not be construed to reduce the liability for unpaid assessments of the insureds of an impaired or insolvent insurer operating under a plan with assessment liability. (b) Records shall be kept of all meetings in which the board of directors discuss the activities of the association in carrying out its powers and duties under W.S. 26-42-106. The records of the association with respect to an impaired or insolvent insurer shall not be disclosed prior to the termination of a liquidation, rehabilitation or conservation proceeding involving the impaired or insolvent insurer except upon the termination of the impairment or insolvency of the insurer or upon the order of a court of competent jurisdiction. Nothing in this subsection shall limit the duty of the association to render a report of its activities under W.S.