Wyoming Statutes
§ 4-10-910 — Language invoking standard of this article
(a)The following terms or comparable language in the
provisions of a trust, unless otherwise limited or modified,
authorizes any investment or strategy permitted under this
article:
(i)"Investments permissible by law for investment of
trust funds";
(ii)"Legal investments";
(iii)"Authorized investments";
(iv)"Using the judgment and care under the
circumstances then prevailing that persons of prudence,
discretion and intelligence exercise in the management of their
own affairs, not in regard to speculation but in regard to the
permanent disposition of their funds, considering the probable
income as well as the probable safety of their capital";
(v)"Prudent man rule," "prudent trustee rule,"
"prudent person rule" or "prudent investor rule."
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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