020-6 Wyo. Code R. § 6-5
(a) Refer to W.S. §§ 35-11-417 through 418 for acceptable financial instruments and assurances.
(b) Self-insurance, or any arrangement that essentially constitutes self-insurance (for example, a contract with a state or federal agency), including bonding pursuant to W.S. § 35-11-417(d) will not satisfy the financial assurance requirements of these rules.
(c) The term of the financial assurance warranty shall automatically renew until termination of the license by the Department, unless it can be demonstrated that another arrangement would provide an acceptable level of assurance. The requirements for cancelation or substitution of the financial assurance warranty are outlined in W.S. §§ 35-11-420 and 35-11-421.
(d) The value of the financial assurance warranty shall not be dependent upon the success, profitability, or continued operation of the licensed operation.
020-6 Wyo. Code R. § 6-5
Adopted, Eff. 9/8/2017.