Wyoming Statutes

§ 3-3-503 — Authority generally; required reports

Wyoming·Title 03 Guardian and Ward·Ch. 3 CONSERVATORSHIPS·Art. 5 CONSERVATORS OF ESTATES OF MINORS AND
(a)The conservator may:
(i)Receive money or property of the ward paid or delivered to him;
(ii)Disburse funds of the ward necessary for the support, maintenance and general welfare of the ward;
(iii)With the consent and approval of the director of the department of health, invest a reasonable amount of the funds in any investment authorized by Wyoming law, and reconvert the investment into cash when needed for the ward's support and maintenance.
(b)The conservator shall:
(i)Deposit excess funds of the ward in a federally insured interest bearing account in a financial institution of his choice;
(ii)Submit an annual report to the court having jurisdiction accounting for all money and property coming into his possession for the benefit of each ward and itemizing all disbursements made

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