The recovery fund operates under the direct direction of which entity?

The recovery fund in Wyoming is designed to provide financial protection to consumers in real estate transactions and operates under the direct oversight of the Wyoming Real Estate Commission. This commission is responsible for the regulation of real estate brokers and sales agents, ensuring compliance with the laws and standards set forth in the Wyoming Real Estate License Act.

By having the Wyoming Real Estate Commission oversee the recovery fund, there is a dedicated body that can address claims, manage the fund's financial health, and ensure that any disbursements are made in accordance with state regulations. This structure helps maintain accountability and ensures that funds are available for consumers in cases where a real estate professional has caused financial harm through misconduct.

In contrast, the other entities mentioned, while important in the broader context of state governance and housing policy, do not have the specific responsibility for the management and operation of the recovery fund. Each entity has distinct roles, but the direct authority over the fund is specifically assigned to the Real Estate Commission.