(a) The commissioner shall not issue a certificate of authority to any motor club until: (i) It files with him the following: (A) A formal application for the certificate in such form and detail as the commissioner requires, executed under oath by its president or other principal officer; (B) A certified copy of its charter or articles of incorporation and its bylaws. (ii) It pays to the commissioner an annual license fee of one hundred dollars ($100.00); (iii) It deposits the required cash, securities, bond or evidence of deposit in another state as provided by W.S. 31-14-103 with the commissioner; (iv) Its name is approved by the commissioner under W.S. 31-14-107.
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