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Wyo. Stat. Ann. § 13-5-603

Organization of a chartered family trust company

Redline — May 1, 2021 → current.View current text →
Current — September 1, 2021
As of May 1, 2021
(1) One (1) or more persons may subscribe to an organizational instrument in writing for the purpose of forming a chartered family trust company, subject to the conditions prescribed by law.
(1) One (1) or more persons may subscribe to an organizational instrument in writing for the purpose of forming a chartered family trust company, subject to the conditions prescribed by law.
(2) The articles of incorporation for a chartered family trust company organized as a corporation shall set forth all of the information required by W.S. 17-16-202 and the following: The corporate name, which shall comply with W.S. 13-5-207 and 17-16-401; and
(2) The articles of incorporation for a chartered family trust company organized as a corporation shall set forth all of the information required by W.S. 17-16-202 and the following: The corporate name, which shall comply with W.S. 13-5-302 and 17-16-401;
(3) A statement that the articles of incorporation are made to enable the shareholders to avail themselves of the advantages of this act.
(3) A statement that the articles of incorporation are made to enable the shareholders to avail themselves of the advantages of this chapter;
(4) A statement that the corporation will act as a fiduciary exclusively for one (1) or more family members and will not engage in trust company business with the general public.
(4) The articles of organization for a chartered family trust company organized as a limited liability company shall include the following information: The name of the limited liability company, which must comply with W.S. 13-5-207 and 17-29-108;
(5) The articles of organization for a chartered family trust company organized as a limited liability company shall include the following information: The name of the limited liability company, which must comply with W.S. 13-5-302 and 17-29-108;
(5) A statement that the articles of organization are made to enable the members to avail themselves of the advantage of this act.
(6) A statement that the articles of organization are made to enable the members to avail themselves of the advantage of this chapter;
(7) A statement that the limited liability company will act as a fiduciary exclusively for one (1) or more family members and will not engage in trust company business with the general public.
(6) Repealed by Laws 2019, ch. 13, § 5.
(8) Repealed by Laws 2019, ch. 13, § 5.
(7) (e) This section shall not apply to a foreign corporation or foreign limited liability company that is qualified to do business in this state and that applies for a charter under this article.
(9) This section shall not apply to a foreign corporation or foreign limited liability company that is qualified to do business in this state and that applies for a charter under this article.

Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.