§ 4-10-522 — Limitation or termination of authority of trustee upon court decision not to apply Wyoming law

If, in any action brought against a trustee of a qualified
spendthrift trust, a court takes any action whereby the court
declines to apply the law of this state in determining the
validity, construction or administration of the trust, or the
effect of a spendthrift provision thereof, the trustee may
immediately resign without the further order of any court, and
cease in all respects to be trustee of the trust. In the event
that the trustee does resign and no provision for a successor
trustee exists in the trust instrument, the qualified
beneficiaries may then petition a Wyoming district court with
appropriate jurisdiction to appoint a successor trustee who
shall succeed as trustee upon such terms and conditions as the
district court determines to be consistent with the purposes of
the trust and this act. Upon the trustee's ceasing to be
trustee, the trustee shall have no power or authority other than
to convey the trust property to the successor trustee named in
the trust instrument or appointed by the district court.