Wyoming HB0005 establishes rules for oil and gas bonding, investment of bonding pool assessment proceeds, and disposition of investment earnings.
Wyoming HB0005 amends the oil and gas bonding rules, specifying that the state treasurer shall invest funds collected from bonding pool assessments in accordance with state law. The investment earnings from these funds must be deposited in a separate account. The act outlines that these funds and earnings can only be used for the bonding pool established for oil and gas operators.
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- Core Provisions
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- Impact
- Legal Framework
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