reglab/housing_qa huggingface dataset:
WY Stat § 4-10-107 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 1 - General Provisions and Definitions|Section 4-10-107 - Governing Law.

4-10-107. Governing law.| (a) The meaning and effect of the terms of a trust are determined by:  (i) The law of the jurisdiction designated in the terms of the trust; or  (ii) In the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue. In determining the most significant relationship, the principal place of administration as defined in W.S. 4-10-108 shall be the most heavily weighted factor and the location of trust property shall be the second most significant factor. The least significant factors shall be where the beneficiaries or settlor are domiciled.  (b) The law of the jurisdiction designated in the terms of the trust may be changed to the principal place of administration by a court with subject matter jurisdiction.  (c) If the law of this state governs the meaning and effect of the terms of a trust in accordance with paragraph (a)(i) or subsection (b) of this section, the trust and any transfer of property by a settlor to the trust, or any disposition made subject to the terms of the trust, shall not be void, voidable, set aside or deemed defective in any manner for any reason including:  (i) That the law of a foreign jurisdiction prohibits or does not recognize the trust;  (ii) That the trust, transfer of property by a settlor to the trust, or disposition made subject to the terms of the trust avoids or defeats any forced heirship or legitime right, claim or interest under the law of a foreign jurisdiction; or  (iii) That the law or public policy of a foreign jurisdiction does not recognize or limits the validity or enforceability of any or all of the terms of the trust if the terms are valid and enforceable under the laws and public policy of this state.
WY Stat § 4-10-109 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 1 - General Provisions and Definitions|Section 4-10-109 - Methods and Waiver of Notice.

4-10-109. Methods and waiver of notice.| (a) Notice to a person under this act or the sending of a document to a person under this act shall be accomplished in a manner reasonably suitable under the circumstances and that results in receipt of the notice or document. Permissible methods of notice, or for sending a document, include first-class mail, personal delivery, delivery to the person's last known place of residence or place of business or a properly directed electronic message.  (b) Notice otherwise required under this act or a document otherwise required to be sent under this act need not be provided to a person whose identity or location is unknown to and not reasonably ascertainable by the trustee.  (c) Notice under this act or the sending of a document under this act may be waived in writing by the person to be notified or sent the document.  (d) Notice of a judicial proceeding shall be given as provided in the Wyoming Rules of Civil Procedure.
WY Stat § 4-10-110 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 1 - General Provisions and Definitions|Section 4-10-110 - Others Treated as Qualified Beneficiaries.

4-10-110. Others treated as qualified beneficiaries.| (a) Whenever notice to qualified beneficiaries of a trust is required under this act before the death of the settlor, the trustee may give notice to any beneficiary from whom the trustee has received a written request for notice if the trustee has the written consent of the settlor.  (b) Whenever notice to qualified beneficiaries of a trust is required under this act after the death of the settlor, the trustee shall give notice to any beneficiary from whom the trustee has received a written request for notice unless the terms of the trust specify otherwise.  (c) A charitable organization expressly mandated to receive distributions under the terms of a charitable trust or a person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in W.S. 4-10-409 or 4-10-410 has the rights of a qualified beneficiary under this act.  (d) The attorney general of this state may exercise the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in this state by notifying the trustee by written notice.
WY Stat § 4-10-111 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 1 - General Provisions and Definitions|Section 4-10-111 - Nonjudicial Settlement Agreements.

4-10-111. Nonjudicial settlement agreements.| (a) For purposes of this section, "interested persons" means a qualified beneficiary, the settlor, if living, the trustee and trust protector, if any.  (b) Except as otherwise provided in subsection (c) of this section, interested persons may enter into a binding nonjudicial settlement agreement with respect to any matter involving a trust.  (c) Subject to the rights of persons dealing with a fiduciary as provided in W.S. 4-10-1013, a nonjudicial settlement agreement is valid only to the extent it does not violate a material purpose of the trust and includes terms and conditions that could be properly approved by the court under this act or other applicable law.  (d) Matters that may be resolved by a nonjudicial settlement agreement include:  (i) The interpretation or construction of the terms of the trust;  (ii) The approval of a trustee's report or accounting;  (iii) Direction to a trustee to refrain from performing a particular act or the grant to a trustee of any necessary or desirable power;  (iv) The resignation or appointment of a trustee and the determination of a trustee's compensation;  (v) Transfer of a trust's principal place of administration;  (vi) Liability of a trustee for an action relating to the trust; and  (vii) An election to treat the trust as a qualified spendthrift trust under article 5 of this act and modification of the trust to comply with W.S. 4-10-510.  (e) Any interested person may request the court to approve a nonjudicial settlement agreement, to determine whether the representation as provided in article 3 of this act was adequate, and to determine whether the agreement contains terms and conditions the court could have properly approved.
WY Stat § 4-10-112 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 1 - General Provisions and Definitions|Section 4-10-112 - Insurable Interest of Trustee.

4-10-112. Insurable interest of trustee.| (a) A trustee of a trust has an insurable interest in the life of an individual insured under a life insurance policy that is owned by the trustee of the trust acting in a fiduciary capacity or that designates the trust itself as the owner if, on the date the policy is issued:  (i) The insured is:  (A) A settlor of the trust; or  (B) An individual in whom a settlor of the trust has, or would have had, if living at the time the policy was issued, an insurable interest; and  (ii) The life insurance proceeds are primarily for the benefit of one (1) or more trust beneficiaries that have:  (A) An insurable interest in the life of the insured; or  (B) A substantial interest engendered by love and affection in the continuation of the life of the insured and, if not already included under subparagraph (A) of this paragraph, who are:  (I) Kindred of the insured having a possibility of being distributees of the insured's estate if the insured dies intestate pursuant to W.S. 2-4-101; or  (II) Stepchildren of the insured.  (b) This section applies to any trust existing before, on or after July 1, 2013, regardless of the effective date of the governing instrument under which the trust was created, but only as to a life insurance policy that is in force and for which an insured is alive on or after July 1, 2013.  (c) As used in this section, "settlor" means a person who executes a trust instrument. The term includes a person for which a fiduciary or agent is acting.
WY Stat § 4-10-201 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 2 - Judicial Proceedings|Section 4-10-201 - Role of Court in Administration of Trust.

4-10-201. Role of court in administration of trust.| (a) The court may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law.  (b) A trust is not subject to continuing judicial supervision unless ordered by the court.  (c) A judicial proceeding involving a trust may relate to any matter involving the trust's administration, including a request for instructions, an action to declare rights, to appoint a trust protector or to determine the qualification of a trust as a qualified spendthrift trust under article 5 of this act.  (d) For purposes of this section, "interested persons" means a qualified beneficiary, the settlor, if living, the trustee and trust protector, if any.
WY Stat § 4-10-202 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 2 - Judicial Proceedings|Section 4-10-202 - Jurisdiction Over Fiduciary and Beneficiary.

4-10-202. Jurisdiction over fiduciary and beneficiary.| (a) By becoming a fiduciary of a trust having its principal place of administration in this state or by moving the principal place of administration to this state, all trust fiduciaries submit personally to the jurisdiction of the courts of this state regarding any matter involving the trust.  (b) With respect to their interests in the trust, the beneficiaries of a trust having its principal place of administration in this state are subject to the jurisdiction of the courts of this state regarding any matter involving the trust. By accepting a distribution from such a trust, the recipient submits personally to the jurisdiction of the courts of this state regarding any matter involving the trust.  (c) This section does not preclude other methods of obtaining jurisdiction over a fiduciary or a beneficiary or other person receiving property from the trust.
WY Stat § 4-10-203 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 2 - Judicial Proceedings|Section 4-10-203 - Subject Matter Jurisdiction.

4-10-203. Subject matter jurisdiction.| (a) The district court and the chancery court, to the extent not inconsistent with W.S. 5-13-115, have exclusive jurisdiction of proceedings in this state brought by a trustee, trust protector, trust advisor or beneficiary concerning the administration of a trust.  (b) The district court and the chancery court, to the extent not inconsistent with W.S. 5-13-115, have concurrent jurisdiction with other courts of this state in other proceedings involving a trust.
WY Stat § 4-10-204 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 2 - Judicial Proceedings|Section 4-10-204 - Venue.

4-10-204. Venue.| (a) Except as otherwise provided in subsections (b) and (c) of this section, venue for a judicial proceeding involving a trust is in the county of this state in which the trust's principal place of administration is or will be located and, if the trust is created by will and the estate is not yet closed, in the county in which the decedent's estate is being administered.  (b) If a trust has no trustee, venue for a judicial proceeding for the appointment of a trustee is in a county of this state in which a beneficiary resides, in a county in which any trust property is located, and if the trust is created by will, in the county in which the decedent's estate was or is being administered.  (c) If the governing law of a trust designates this state, the venue for judicial proceeding involving a trust is in a county of this state in which a beneficiary resides, in a county in which any trust property is located or in a county where the trustee maintains an office.  (d) If venue is not established under subsection (c) of this section, venue shall be proper in the first judicial district court in Laramie county.
WY Stat § 4-10-205 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 2 - Judicial Proceedings|Section 4-10-205 - Sealing and Availability of Documents.

4-10-205. Sealing and availability of documents.| The privacy of those who have established a trust shall be protected in any judicial proceeding concerning the trust. Upon the filing of any petition, the trust instrument, inventory, statement filed by any fiduciary, annual verified report of a fiduciary, final report of a fiduciary and any petition relevant to trust administration and any court order thereon shall be sealed and shall not be made a part of the public record of the proceeding, but shall be available to the court, the settlor, any fiduciary, any qualified beneficiary, their attorneys, and any other interested person as the court may order upon a showing of need.
WY Stat § 4-10-301 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 3 - Representation|Section 4-10-301 - Representation; Basic Effect.

4-10-301. Representation; basic effect.| (a) Notice to a person who may represent and bind another person under this article has the same effect as if notice were given directly to the other person.  (b) The consent of a person who may represent and bind another person under this article is binding on the person represented unless the person represented objects to the representation by notifying the trustee or the representative before the consent would otherwise have become effective.  (c) Except as otherwise provided in W.S. 4-10-412 and 4-10-602, a person who under this article may represent a settlor who lacks capacity may receive notice and give a binding consent on the settlor's behalf.  (d) A settlor may not represent and bind a beneficiary under this article with respect to the termination or modification of a trust under W.S. 4-10-412(a).
WY Stat § 4-10-302 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 3 - Representation|Section 4-10-302 - Representation by Holder of General Testamentary Power of Appointment.

4-10-302. Representation by holder of general testamentary power of appointment.| The holder of a general testamentary power of appointment may represent and bind persons whose interests, as permissible appointees, takers in default, or otherwise, are subject to the power.
WY Stat § 4-10-303 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 3 - Representation|Section 4-10-303 - Representation by Fiduciaries and Parents.

4-10-303. Representation by fiduciaries and parents.| (a) To the extent there is no conflict of interest between the representative and the person represented or among those being represented with respect to a particular question or dispute:  (i) A conservator may represent and bind the estate that the conservator controls;  (ii) A guardian may represent and bind the ward if a conservator of the ward's estate has not been appointed;  (iii) An agent having authority to act with respect to the particular question or dispute may represent and bind the principal;  (iv) A trustee may represent and bind the beneficiaries of the trust;  (v) A personal representative of a decedent's estate may represent and bind persons interested in the estate;  (vi) A parent with primary legal custody may represent and bind each of the parent's minor or incapacitated children if no legal representative has been appointed by a court for that child, unborn children of that parent, the unborn descendants of each child, and each minor or incapacitated descendant of each child if no legal representative has been appointed by a court for that descendant, to the extent there is no conflict of interest between the parent and the person or class of persons represented with respect to a particular question or dispute; and  (vii) A beneficiary who is not a qualified beneficiary shall be represented and bound by the decisions, actions and omissions of the qualified beneficiary through whom, or by reason of whose death or exercise of a power of appointment, the beneficiary will receive his interest, if any, in the trust, including without limitations for the purposes of W.S. 4-10-802, 4-10-813, 4-10-1005 and 4-10-1009.  (b) A trustee may rely on a certificate of the fiduciary described in paragraphs (a)(i) through (v) of this section with regard to whether or not any such conflict of interest exists.
WY Stat § 4-10-304 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 3 - Representation|Section 4-10-304 - Representation by Person Having Substantially Identical Interest.

4-10-304. Representation by person having substantially identical interest.| Unless otherwise represented, a minor, incapacitated or unborn individual, or a person whose identity or location is unknown and not reasonably ascertainable, may be represented by and bound by another having a substantially identical interest with respect to the particular question or dispute, but only to the extent there is no conflict of interest between the representative and the person represented.
WY Stat § 4-10-305 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 3 - Representation|Section 4-10-305 - Appointment of Representative.

4-10-305. Appointment of representative.| (a) If the court determines that an interest is not represented under this article, or that the otherwise available representation might be inadequate, the court may appoint a representative to receive notice, give consent and otherwise represent, bind and act on behalf of a minor, incapacitated or unborn individual, or a person whose identity or location is unknown. A representative may be appointed to represent several persons or interests.  (b) A representative may act on behalf of the individual represented with respect to any matter arising under this act, whether or not a judicial proceeding concerning the trust is pending.  (c) In making decisions, a representative may consider general benefit accruing to the living members of the individual's family.
WY Stat § 4-10-401 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 4 - Creation, Validity, Modification and Termination of Trust|Section 4-10-401 - Methods of Creating Trust.

4-10-401. Methods of creating trust.| (a) A trust may be created by:  (i) Transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;  (ii) Declaration by the owner of property that the owner holds identifiable property as trustee;  (iii) Exercise of a power of appointment in favor of a trustee;  (iv) The court as provided in W.S. 3-3-607(a)(vi); or  (v) An agent under a power of attorney where the express authority is designated with the appointment document and where the trust directs distribution upon the settlor's death consistent with an existing will or other testamentary instrument or in absence thereof in accordance with the law of intestate succession as provided in W.S. 2-4-101.
WY Stat § 4-10-402 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 4 - Creation, Validity, Modification and Termination of Trust|Section 4-10-402 - Title of Trust Property.

4-10-402. Title of trust property.| (a) Property transferred to a trust shall be titled:  (i) If it is real property, in accordance with W.S. 34-2-122; and  (ii) If it is personal property, in:  (A) The name of the current trustee as the trustee of such trust;  (B) The name of "the trustee" as the trustee of such trust;  (C) The name of the nominee of the trustee; or  (D) The name of the trust.  (b) Any reference to the trustee shall be deemed to include any successor or substitute trustee serving from time to time.  (c) Any property of a husband and wife that is held by them as tenants by the entireties pursuant to W.S. 34-1-140 and conveyed to their joint revocable or irrevocable trusts, or to their separate revocable or irrevocable trusts, shall have the same immunity from the claims of their separate creditors as it would if it had remained held by the entireties, so long as:  (i) They are both living and remain as husband and wife;  (ii) The property continues to be held in the trust or trusts for their benefit; and  (iii) The trust instrument, deed or other instrument of conveyance transferring the property to the trust or trusts provides that this subsection shall apply to the property and any proceeds resulting from the sale or disposition thereof.  (d) After the death of the first of the husband and wife to die, all property held in trust that was immune from the claims of the decedent's separate creditors under subsection (c) of this section immediately prior to the decedent's death shall continue to have the same immunity from the claims of the decedent's separate creditors as would have existed if the husband and wife had continued to hold the property conveyed in trust, or its proceeds, as tenants by the entirety.  (e) Nothing in this section shall be construed to limit or otherwise alter the authority granted to the department of health to assert a claim against an estate under W.S. 42-4-206 or to file a lien under W.S. 42-4-207 as could be asserted against a tenancy by the entirety established in accordance with W.S. 34-1-140.
WY Stat § 4-10-403 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 4 - Creation, Validity, Modification and Termination of Trust|Section 4-10-403 - Requirements for Creation.

4-10-403. Requirements for creation.| (a) A trust is created only if:  (i) The settlor has capacity to create a trust;  (ii) The settlor indicates an intention to create the trust;  (iii) The trust has a definite beneficiary or is:  (A) A charitable trust;  (B) A trust for the care of an animal, as provided in W.S. 4-10-409; or  (C) A trust for a noncharitable purpose, as provided in W.S. 4-10-410.  (iv) The trustee has duties to perform; and  (v) The same person is not the sole trustee and sole beneficiary.  (b) A beneficiary is definite if the beneficiary can be ascertained now or in the future, subject to W.S. 34-1-139.  (c) A power in a trustee, trust advisor, trust protector or other party designated in the trust instrument to select a beneficiary from an indefinite class is valid. If the power is not exercised within a reasonable time, the power fails and the property subject to the power passes to the persons who would have taken the property had the power not been conferred.
WY Stat § 4-10-404 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 4 - Creation, Validity, Modification and Termination of Trust|Section 4-10-404 - Trusts Created in Other Jurisdictions.

4-10-404. Trusts created in other jurisdictions.| (a) A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed, or the law of the jurisdiction in which, at the time of creation:  (i) The settlor was domiciled, had a place of abode, or was a national;  (ii) A trustee was domiciled or had a place of business; or  (iii) Any trust property was located.
WY Stat § 4-10-405 (2021)
2021 Wyoming Statutes|Title 4 - Trusts|Chapter 10 - Uniform Trust Code|Article 4 - Creation, Validity, Modification and Termination of Trust|Section 4-10-405 - Trust Purposes.

4-10-405. Trust purposes.| A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms shall be for the benefit of its beneficiaries.