(a) The agreement authorized by W.S. 19-13-203 shall specify the following: (i) The purpose of the agreement; (ii) The precise organization, composition and nature of any separate legal entity created by the agreement; (iii) The duration of the agreement; (iv) The manner of financing the agreement and establishing and maintaining a budget therefor; (v) Provision for administering the agreement; (vi) The exact chain of command or delegation of authority to be followed by party emergency services acting under the provisions of the agreement; (vii) The manner of acquiring, holding and disposing of real and personal property used in the agreement; (viii) The method to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon partial or complete termination; and (ix) The nature, extent and amount of insurance coverage for acts or omissions and delineation of each party's responsibility for that coverage.
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