Wyoming Statutes

Wyo. Stat. § 27-14-701 (2026)

Worker's compensation account established;

✓ current as of May 2026
Find cases: SyfertCases citing this section WY-LEGwyoleg.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar
investments; administrative expenses; rehabilitation expenses;
worker's compensation claims payment account established for
worker's compensation revenue bond proceeds.

     (a) Except as provided under subsection (f) of this
section, all money received, earned or collected pursuant to
this act shall be credited to the worker's compensation account.
In addition to other expenditures authorized under this act,
amounts deposited within this account shall be used to pay debt
service on revenue bonds issued in accordance with W.S.
27-14-704. As used in this act, "account" means the worker's
compensation account established under this subsection.

     (b) All awards and claim determinations shall be paid from
the account provided by subsection (a) of this section.

     (c) All money collected and accounted for pursuant to this
act not immediately necessary for the purposes of this act shall
be invested by the state treasurer in the manner provided by law
for investment of permanent state funds. The state treasurer, in
consultation with the director and consistent with the
investment policy developed by the state loan and investment
board, may establish a percent not to exceed forty-five percent
(45%) of the total amount collected and accounted for under this
subsection to be invested in common stock.

     (d) Following a general fund appropriation by the
legislature for administrative expenses of the division and for
administrative expenses of the office of administrative hearings
which are attributable to hearing services provided pursuant to
this act, amounts expended pursuant to the appropriations shall
be transferred monthly from the account provided by subsection
(a) of this section to the general fund as provided by the
Wyoming Funds Consolidation Act.

     (e) The division shall from the worker's compensation
account, periodically advance or reimburse the division of
vocational rehabilitation of the department of workforce
services, for administrative and program costs associated with
the rehabilitation of injured workers pursuant to W.S.
27-14-408. Administrative or program costs reasonably available
or legally allowable under the federal Rehabilitation Act of
1973, as amended, shall not be advanced or reimbursed pursuant
to this subsection.

     (f) Proceeds from the sale of revenue bonds issued under
W.S. 27-14-704, together with any earnings from the investment
of bond proceeds, shall be deposited into the worker's
compensation claims payment account until such bonds are paid or
provision for their payment has otherwise been made. Account
proceeds may be invested or reinvested by the state treasurer at
the direction of the state loan and investment board and may in
addition to payment of claims and awards, program and
administrative expenses, program reserves and debt service, be
used to pay any ongoing and issuance costs of revenue bonds
under W.S. 27-14-704.

     (g) The state treasurer, in consultation with the
director, shall report to the joint appropriations interim
committee not later than December 1, 2016 and every five (5)
years thereafter, on the status of the worker's compensation
account and the projected status of the account during the
subsequent five (5) year period.
Notes of Decisions
Cited in 1 case, 2016–2016 · leading case: Eaglemed, LLC v. Wyoming ex rel. Dep't of Workforce Servs., Workers' Comp. Div., 227 F. Supp. 3d 1255 (D. Wyo. 2016).
Eaglemed, LLC v. Wyoming ex rel. Dep't of Workforce Servs., Workers' Comp. Div., 227 F. Supp. 3d 1255 (D. Wyo. 2016). · cites it 6× “See Wyo. Stat. Ann. § 27-14-701 (establishing the workers’ compensation account, which holds funds paid in).”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.