§ 27-3-508 — Rates for joint ventures

A joint venture composed of two (2) or more employers with
accounts meeting the requirements of W.S. 27-3-503(b) and (c)
shall apply in writing to the department within four (4) months
after the date of formation of the joint venture for
determination of a contribution rate. The department shall, upon
receipt of application and pursuant to this article, assign a
contribution rate based upon the benefit ratio computed on the
consolidation of the separate accounts and benefit experiences
of the employers for the experience period. The contribution
rate shall be determined and assigned by the department to the
joint venture each calendar year until its separate account and
benefit experience qualify as an experience period.