Exams / Wyoming Life Insurance License / Wyo. Stat. §26-3-113
Wyo. Stat. §26-3-113 — what it says, and how the exam tests it
This section is cited by 3 of our practice questions and is tested on 4 exams including the Wyoming Life Insurance License.
The text
26-3-113. Certificate of authority; issuance; contents; delivery. (a) If the commissioner finds that the insurer meets the certificate requirements under this code, he shall issue to the insurer a proper certificate of authority. If he finds the insurer does not meet the certificate requirements, the commissioner shall issue his order refusing the certificate. The commissioner shall act upon an application for certificate of authority within a reasonable period after its completion. (b) The certificate, if issued, shall specify the kinds of insurance the insurer is authorized to transact in Wyoming. At the insurer's request the commissioner may issue a certificate of authority limited to particular types of insurance or coverages within the scope of a kind of insurance as defined in chapter 5 of this code. (c) Repealed by Laws 2025, ch. 114, § 2.
Public record. Read the full, current section at the official source: wyoleg.gov
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Wyoming law, a certificate of authority issued to an insurer must specify which of the following?
drill Wyoming Statutes, Rules, and Regulations Common to Life, Accident and Health, Property and Casualty Insurance → - Under Wyoming law, what happens if the commissioner finds that an insurer does NOT meet the certificate of authority requirements?
drill Wyoming Statutes, Rules, and Regulations Common to Life, Accident and Health, Property and Casualty Insurance → - Under Wyoming law, what must the certificate of authority issued to an insurer specify?
drill Wyoming Statutes and Rules Common to All Lines →