§ 42-4-305 — Limitation of actions; retroactivity; burden of proof

(a) A civil action under W.S. 42-4-304(a) shall not be
brought more than six (6) years after the date on which the
violation was committed or more than three (3) years after the
date when facts material to the right of action are known or
reasonably should have been known by the official of the state
charged with responsibility to act in the circumstances,
whichever occurs last, provided that in no event shall a civil
action be brought more than seven (7) years after the date on
which the violation is committed.
(b) In any action brought under W.S. 42-4-304(a), the
state shall be required to prove all essential elements of the
cause of action, including damages, by clear and convincing
evidence.
(c) Notwithstanding any other provision of law, a guilty
verdict rendered in a criminal proceeding charging false
statements or fraud is admissible in any civil action which
involves the same transaction as in the criminal proceeding and
which is brought under W.S. 42-4-304.