Wyoming Statutes
§ 4-10-702 — Trustee's bond
Wyoming·Title 04 Fiduciaries·Ch. 10 UNIFORM TRUST CODE·Art. 7 TRUSTEES, TRUST ADVISORS AND TRUST PROTECTORS
(a)A trustee shall give bond to secure performance of the
trustee's duties only if the court finds that a bond is needed
to protect the interests of the beneficiaries or is required by
the terms of the trust and the court has not dispensed with the
requirement.
(b)The court may specify the amount of a bond, its
liabilities, and whether sureties are necessary. The court may
modify or terminate a bond at any time.
(c)A regulated financial services institution qualified
to do trust business in this state need not give bond, unless
required by the terms of the trust.
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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