Wyoming Statutes
§ 21-17-448 — Securities authorized are legal investments for financial institutions
(a)Any bank, trust company, banker, savings bank, or
institution, any building and loan association, savings and loan
association, investment company and any other person carrying on
a banking or investment business, any insurance company,
insurance association, or any other person carrying on an
insurance business, and any executor, administrator, curator,
trustee or any other fiduciary, may invest funds or monies in
their custody in any of the bonds or other securities issued
under this act.
(b)Nothing contained in this section with regard to legal
investments relieves any representative of any corporation or
other person of any duty of exercising reasonable care in
selecting securities.
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Nearby Sections
15
§ 21-17-101
Establishment§ 21-17-102
Objects; departments§ 21-17-103
Powers and duties of the faculty§ 21-17-104
Powers and duties of the president§ 21-17-106
Repealed by Laws 1979, ch. 12, § 1§ 21-17-107
Legislature to make appropriations§ 21-17-112
Repealed by Laws 1993, ch. 228, § 2