§ 9-1-639 — Attorney general; funds accounting; reporting requirements

Wyoming § 9-1-639

• Jurisdiction: Wyoming
• Title 09: Administration of the Government
• Ch. 1: STATE OFFICERS
• Art. 6: ATTORNEY GENERAL

Text

(a) There is created a separate account which the attorney
general shall use to account for:
(i) Monies the attorney general administers as
trustee pursuant to law or agreement which restricts the use of
the money to a specified purpose; and
(ii) Monies which the attorney general holds and
disburses as an agent or attorney in fact, which shall include
but not be limited to class action litigation recoveries that
are to be distributed to any person or business organization,
local government pass-through monies, and contingent fee
contracts to be distributed to contract attorneys.
(b) All recoveries, including consumer protection
recoveries and class action recoveries, where the attorney
general is not designated as the administrator, the trustee or
the agent for distribution purposes, shall be deposited into the
general fund after deducting litigation costs reimbursed to the
attorney general. For purposes of this subsection "litigation
costs" shall include expert witness fees, filing fees, reporter
costs, other witness fees and costs associated with depositions
and discovery.
(c) Monies deposited to the account under subsection (a)
of this section may be expended in accordance with W.S.
9-2-1005(b)(ii).
(d) Monies deposited into the account under subsection (a)
of this section and not otherwise expended under subsection (c)
of this section may be expended by the attorney general in
accordance with the purposes for which the monies were received.
Monies received by the attorney general for reimbursement of
litigation expenses under subsection (b) of this section are
continuously appropriated to the attorney general to be expended
for the costs of providing the litigation services rendered to
collect the recovered monies.
(e) Not later than November 1 of each year, the attorney
general shall report to the joint appropriations interim
committee on the expenditure of monies received pursuant to this
section, W.S. 9-1-633, 9-1-635, 9-1-702 and 9-2-1005. The
report shall include an account of the monies in the accounts
created in this section for the last fiscal year.