Wyoming Statutes
§ 4-10-1013 — Protection of person dealing with fiduciary
Wyoming·Title 04 Fiduciaries·Ch. 10 UNIFORM TRUST CODE·Art. 10 LIABILITY OF FIDUCIARIES AND RIGHTS OF PERSONS
(a)A person other than a beneficiary who in good faith
assists a fiduciary, or who in good faith and for value deals
with a fiduciary, without knowledge that the fiduciary is
exceeding or improperly exercising the fiduciary's powers is
protected from liability as if the fiduciary properly exercised
the power.
(b)A person other than a beneficiary who in good faith
deals with a fiduciary is not required to inquire into the
extent of the fiduciary's powers or the propriety of their
exercise.
(c)A person who in good faith delivers assets to a
fiduciary need not ensure their proper application.
(d)A person other than a beneficiary who in good faith
assists a former fiduciary, or who in good faith and for value
deals with a former fiduciary, without knowledge that the
appointment has termina
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Nearby Sections
15
§ 4-10-1001
Remedies for breach of trust§ 4-10-1002
Damages for breach of trust§ 4-10-1003
Damages in absence of breach§ 4-10-1004
Attorney's fees and costs§ 4-10-1005
Limitation of action against fiduciary§ 4-10-1006
Reliance on trust instrument§ 4-10-1008
Exculpation of fiduciaries§ 4-10-101
Short title§ 4-10-1012
Interest of trustee as general partner§ 4-10-1013
Protection of person dealing with fiduciary§ 4-10-1014
Certification or affidavit of trust