Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 18 - REGULATION GOVERNING CONSULTANTS
Section 18-7 - Revocation of License and Penalties
Current through September 21, 2024
The commissioner upon ten day's written notice to the licensee by registered mail stating the contemplated action and the grounds therefore, and upon reasonable opportunity to be heard, may revoke or suspend any consultant's license or impose a fine as set forth in W.S. 26-1-107 if he finds that:
(a) The licensee has failed to pay the annual license fee;
(b) The licensee, either knowingly or without the exercise of due care to prevent the same, has violated any provision of these rules and regulations or any order lawfully made pursuant to and within the authority of these rules and regulations and the Wyoming Insurance Code W.S. W.S. W.S. 26-1-101, et seq.; and
(c) Any fact or condition exists at the time of the proposed revocation which, if it had existed at the time of the original application for such license, clearly would have justified the commissioner in refusing originally to issue such license.
