020-7 Wyo. Code R. § 7-7

Current through April 27, 2019
Section 7-7 - Bond or Other Forms of Financial Assurance Forfeiture

(a) Bond or other financial assurance forfeiture proceedings shall occur only after the director provides notice to the operator and any surety in accordance with W.S. 35-11-504(h) that a violation exists and the council has approved the request of the director to begin forfeiture proceedings.

(b) With the approval of the council the director may:

  • (i) Expend forfeited funds to remedy and abate the circumstances with respect to which any financial assurance was provided; and
  • (ii) Expend funds from the trust and agency account under W.S. W.S. W.S. 35-11-504(a) to remedy and abate any immediate danger to human health, safety and welfare.

(c) If the forfeited bond or other financial assurance instrument is inadequate to cover the costs to carry out the activities specified in W.S. W.S. W.S. 35-11-504(a) or in any case where the director has expended trust and agency account monies, the attorney general shall bring suit to recover the cost of performing the activities where recovery is deemed possible.

020-7 Wyo. Code R. § 7-7