Wyoming § 2-3-404 Common trust fund distinct from participating
fiduciaries

Wyoming Statutes

§ 2-3-404 — Common trust fund distinct from participating fiduciaries

Wyoming § 2-3-404

Title 02Wills, Decedents' Estates and Probate Code

Ch. 3FIDUCIARIES

Art. 4TRUST FUNDS

This text of Wyoming § 2-3-404 (Common trust fund distinct from participating fiduciaries) 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. § 2-3-404 (2026).

Text

(a)Each common trust fund established hereunder is a separate and distinct entity from the fiduciaries participating in the fund. No fiduciary in administering its and other fiduciaries participation in a common trust fund may be required to make any apportionment or allocation between the principal and income of the fund between the participating fiduciaries different from that made for the common trust fund.

(b)No fiduciary participating in a common trust fund, or person having an interest in property invested in the common trust fund, may have or be considered to have any ownership in any particular property of the common trust fund. Each participating fiduciary shall have a proportionate undivided interest in the fund and its income. The ownership of all property of the common trust

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(a) Each common trust fund established hereunder is a
separate and distinct entity from the fiduciaries participating
in the fund. No fiduciary in administering its and other
fiduciaries participation in a common trust fund may be required
to make any apportionment or allocation between the principal
and income of the fund between the participating fiduciaries
different from that made for the common trust fund.
(b) No fiduciary participating in a common trust fund, or
person having an interest in property invested in the common
trust fund, may have or be considered to have any ownership in
any particular property of the common trust fund. Each
participating fiduciary shall have a proportionate undivided
interest in the fund and its income. The ownership of all
property of the common trust fund shall be in the trustee of the
fund.