State statute · Wyoming
Producer license required and discipline
Wyo. Stat. Ann. ss. 26-9-203 to 26-9-211
Edition and licensing notes
Publisher. Wyoming Legislature (wyoleg.gov)
Status. Wyoming Statutes, public domain.
What this document is
Wyo. Stat. Ann. ss. 26-9-203 to 26-9-211: Producer license required and discipline is a state statute published by Wyoming Legislature (wyoleg.gov). It is one of the Wyoming documents that insurance license exam questions are written from, including wyoming life & health, wyoming property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Wyo. Stat. Ann. § 26-9-211(a)(viii) (Dishonest practices)
“Using fraudulent, coercive or dishonest practices, or demonstrating incompetence, untrustworthiness or financial irresponsibility in the conduct of business in this state or elsewhere;”
- Wyo. Stat. Ann. § 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.”
- Wyo. Stat. Ann. § 26-9-211(a)(iii) (License by fraud)
“Obtaining or attempting to obtain a license through misrepresentation or fraud;”
- Wyo. Stat. Ann. § 26-9-207 (Lines of authority - life)
“Life-insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income;”
- Wyo. Stat. Ann. § 26-9-211(a)(i) (Untrue application information)
“Providing incorrect, misleading, incomplete or materially untrue information in the license application;”
- Wyo. Stat. Ann. § 26-9-207 (Qualification for lines of authority)
“An insurance producer may receive qualification for a license in one (1) or more of the following lines of authority:”
- Wyo. Stat. Ann. § 26-9-206(b) (Application for License, Business Entity)
“(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...”
- Wyo. Stat. Ann. § 26-9-209(a) (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...”
- Wyo. Stat. Ann. § 26-9-211(c) (License Denial, Nonrenewal or Revocation)
“(c) The commissioner shall retain the authority to enforce the provisions of and impose any penalty or remedy authorized by this chapter and this code against any person who is under investigation for or charged with a violation of this chapter or this code even if the person's license or...”
- Wyo. Stat. Ann. § 26-9-204(b)(vi) (Exceptions to licensing)
“(vi) A person who is not a resident of this state who sells, solicits or negotiates a contract of insurance for commercial property and casualty risks to an insured with risks located in more than one (1) state insured under that contract, provided that person is otherwise licensed as an insurance...”
- Wyo. Stat. Ann. § 26-9-213(b) (Appointments)
“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.”
- Wyo. Stat. Ann. § 26-9-211(b) (License denial, nonrenewal or revocation)
“(b) The license of a business entity may be suspended, revoked or refused if the commissioner finds, after notice and opportunity for hearing, that an individual licensee's violation was known by one (1) or more of the partners, officers or managers acting on behalf of the business entity and the...”
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More Wyoming sources
- Wyo. Stat. Ann. ch. 26-13 art. 1 (ss. 26-13-102 to 26-13-125): Unfair Trade Practices ActState statute
- Wyo. Stat. Ann. ss. 26-16-102 to 26-16-120: Standard provisions required in life insurance policiesState statute
- Wyo. Stat. Ann. ch. 26-18 (ss. 26-18-104 to 26-18-307): Disability (accident and health) policy provisionsState statute
- Wyo. Stat. Ann. tit. 26, ch. 19 - Group and Blanket Disability Insurance (incl. Group Coverage Replacement Act and Small Employer Health Insurance Availability Act)State statute
- Wyo. Stat. Ann. tit. 26, ch. 17 - Group Life Insurance (Group Life Insurance Law)State statute
- Wyo. Stat. Ann. tit. 26, ch. 42 - Wyoming Life and Health Insurance Guaranty Association ActState statute
- Wyo. Stat. Ann. tit. 26, ch. 15 - The Insurance Contract (Articles 1-2)State statute
- Wyo. Stat. Ann. tit. 26, ch. 16 - Life Insurance and Annuity Contracts (standard policy provisions, nonforfeiture, valuation, viatical/settlement articles)State statute