§ 4-10-913 — (b) Within the limitations of the foregoing standard, a fiduciary may: (i) Acquire and retain every kind of property, real, personal or mixed, and every kind of investment, specifically including bonds, debentures and other corporate obligations, and stocks, preferred or common, which persons of prudence, discretion and intelligence acquire or retain for their own account; (ii) Retain property properly acquired, without limitation as to time and without regard to its suitability for original purchase

(c) Any bank as defined by W.S. 13-1-101 or any trust
company formed under W.S. 13-5-102, that is acting as a
fiduciary or agent may, in its discretion or at the direction of
another person who is authorized to direct the investment of
money held by the bank or trust company, invest in the
securities of an open end or closed end management investment
company or investment trust that is registered under the federal
Investment Company Act of 1940, as amended. The bank or trust
company, or any affiliate thereof, may provide services to the
investment trust or investment company, including acting as an
investment advisor, manager, sponsor, distributor, custodian,
transfer agent or registrar, and may receive reasonable
compensation for the services. Provided, however, that with
respect to any funds invested, the bank or trust company or its
affiliate shall disclose to the persons to whom statements of
the account are rendered consistent with the requirements of
W.S. 4-10-802(f).