LegalFix
Sign In

Section 26-45-105 - Disclosure.

WY Stat § 26-45-105 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

26-45-105. Disclosure.

The controlling broker, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the broker and the controlled insurer, except that, if the business is placed through a subproducer who is not a controlling broker, the controlling broker shall retain in his records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the broker and that the subproducer has or will notify the insured.

Previous Section
Section 26-45-104 - Minimum Standards.
Next Section
Section 26-45-106 - Penalties and Liabilities.