Wyoming § 2-3-913 Situs

Wyoming Statutes

§ 2-3-913 — Situs

Wyoming·Title 02 Wills, Decedents' Estates and Probate Code·Ch. 3 FIDUCIARIES·Art. 9 WYOMING UNITRUST ACT

(a)This act shall be construed as pertaining to the administration of a trust and shall be available to any trust that is administered in Wyoming under Wyoming law unless:

(i)The governing instrument reflects an intention that the beneficiary or beneficiaries are to receive an amount other than a reasonable current return from the trust;

(ii)The trust is a trust described in Internal Revenue Code §§ 170(f)(2)(B), 664(d), 2702(a)(3) or 2702(b); or

(iii)The governing instrument expressly prohibits use of this act by specific reference to this act.

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(a) This act shall be construed as pertaining to the
administration of a trust and shall be available to any trust
that is administered in Wyoming under Wyoming law unless:
(i) The governing instrument reflects an intention
that the beneficiary or beneficiaries are to receive an amount
other than a reasonable current return from the trust;
(ii) The trust is a trust described in Internal
Revenue Code §§ 170(f)(2)(B), 664(d), 2702(a)(3) or 2702(b); or
(iii) The governing instrument expressly prohibits
use of this act by specific reference to this act.

Wyoming § 2-3-913 (Situs) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.