044-3 Wyo. Code R. §§ 3-5 - Restrictions upon the Writing of Controlled Business

No title insurer or title agent may accept an order for title insurance business, issue a title insurance policy, receive or retain any premium or charge in connection with any title insurance transaction if

(a) The title insurer or title agent knows or has reason to believe that the transaction will constitute controlled business for that title insurer or title agent, and

(b) Twenty-five percent (25%) or more of the gross operating revenue of that title insurer or title agent in the calendar year in which the transaction takes place is derived from controlled business.

Notes

044-3 Wyo. Code R. §§ 3-5

Amended, Eff. 1/27/2016.