Wyoming Statutes
§ 17-23-121 — Indemnification
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 23 WYOMING STATUTORY TRUST ACT·Art. 1 GENERAL PROVISIONS
(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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Nearby Sections
15
§ 17-23-101
Short title§ 17-23-102
Definitions§ 17-23-103
Purpose§ 17-23-104
Contributions by beneficial owners§ 17-23-105
Liability of beneficial owners and trustees§ 17-23-106
Legal proceedings§ 17-23-108
Management of statutory trust§ 17-23-110
Repealed by Laws 2008, Ch. 90, § 3§ 17-23-112
Existence of statutory trust§ 17-23-113
Applicability of trust law§ 17-23-115
Execution of certificate