A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
Wyo. Stat. Ann. § 4-10-905
Loyalty
Known as the Wyoming Uniform Prudent Investor Act
The act spans §§ 4–4 (12 sections).
Applied in 1 court decision — leading case Waldo E. Forbes v. William C. Forbes Julia Forbes Edith L. Forbes and Donald C. Bingham, individually and in their capacity as Trustees of the Beckton Ranch Trust U/A/D April 1, 1920 (2022)
Most recently applied in Waldo E. Forbes v. William C. Forbes Julia Forbes Edith L. Forbes and Donald C. Bingham, individually and in their capacity as Trustees of the Beckton Ranch Trust U/A/D April 1, 1920 (May 2022)
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.