Wyoming § 17-23-121 Indemnification

Wyoming Statutes

§ 17-23-121 — Indemnification

Wyoming § 17-23-121

Title 17Corporations, Partnerships and Associations

Ch. 23WYOMING STATUTORY TRUST ACT

Art. 1GENERAL PROVISIONS

This text of Wyoming § 17-23-121 (Indemnification) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-23-121 (2026).

Text

(a)Subject to standards and restrictions, if any, as are set forth in the governing instrument, a statutory trust shall have the power to indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.

(b)The absence of a provision for indemnity in the governing instrument shall not be construed to deprive any trustee or beneficial owner or other person of any right to indemnity which is otherwise available to the person under the laws of this state.

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(a) Subject to standards and restrictions, if any, as are
set forth in the governing instrument, a statutory trust shall
have the power to indemnify and hold harmless any trustee or
beneficial owner or other person from and against any and all
claims and demands whatsoever.
(b) The absence of a provision for indemnity in the
governing instrument shall not be construed to deprive any
trustee or beneficial owner or other person of any right to
indemnity which is otherwise available to the person under the
laws of this state.