044-15 Wyo. Code R. §§ 15-3 - REGISTRATION, NOTICE AND INFORMATIONAL FILINGS
(a)
Foreign Liability Risk Retention
Group Registration
(i) Any risk
retention group chartered in a state other than Wyoming, before offering
liability insurance on any risk located, resident or to be performed in this
state, shall register with the commissioner, on forms the commissioner
designates, sworn to by the president or chief executive officer and the
secretary of the risk retention group pursuant to W.S. §
26-36-105.
(b)
Purchasing Group Notice of
Intent
(i) Any purchasing group which
intends to do business in this state, before soliciting any member to insure
through the group any risk located, resident or to be performed in this state,
shall furnish notice of its intent to do business to the commissioner, sworn to
by the party who, under the organizational plan of the group, has authority to
bind the group by signature, on forms the commissioner designates, providing
such information and documentation as the commissioner shall require pursuant
to W.S. §
26-36-109.
(c)
Appointment of Commissioner as
Agent for Service of Process
(i) Any
risk retention group filing its registration or risk purchasing group filing
its notice of intent to do business unless otherwise exempted under W.S. §
26-36-109(b), shall submit
to the commissioner, contemporaneously with filing its registration or notice
of intent, a statement of registration irrevocably appointing the commissioner
as its agent for the purpose of receiving legal documents and service of
process, in the form designated by the commissioner.
(d)
Updates and Amendments
(i) Any registered risk retention group or
risk purchasing group shall notify the commissioner in writing within thirty
(30) days of any changes to the information contained on the registration form
or notice of intent form. The commissioner may request additional information
and documentation as necessary. No such request shall delay the effective date
of the notice.
(ii) On or before
March 1 of each year, each registered risk retention group and risk purchasing
group shall file a sworn affidavit by the party authorized to file a
registration or notice of intent to do business, certifying to the commissioner
the accuracy of the information on file or as amended, and as to its continued
intent to be registered and do business.
Notes
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