The following parties are authorized to make compromises or settlements of claims in the following amounts:
(a) The risk manager is authorized to settle claims for an amount not to exceed fifty thousand dollars ($50,000);
(b) The risk manager, after consultation with the attorney general, is authorized to settle claims for an amount not to exceed one hundred thousand dollars ($100,000); and
(c) The governor is authorized to settle claims for any amount if the action arises under federal law. The governor is authorized to settle claims brought under the Act for any amount not to exceed the maximum liability limits under the Act.
006-4 Wyo. Code R. § 4-2