Wyoming Statutes
§ 4-10-804 — Prudent administration
A trustee shall administer the trust as a prudent person would,
by considering the purposes, terms, distributional requirements
and other circumstances of the trust. In satisfying this
standard, the trustee shall exercise reasonable care, skill and
caution.
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Wyoming § 4-10-804 (Prudent administration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 4-10-1001
Remedies for breach of trust§ 4-10-1002
Damages for breach of trust§ 4-10-1003
Damages in absence of breach§ 4-10-1004
Attorney's fees and costs§ 4-10-1005
Limitation of action against fiduciary§ 4-10-1006
Reliance on trust instrument§ 4-10-1008
Exculpation of fiduciaries§ 4-10-101
Short title§ 4-10-1012
Interest of trustee as general partner§ 4-10-1013
Protection of person dealing with fiduciary§ 4-10-1014
Certification or affidavit of trust