2016 Wyoming Code
TITLE 4 - TRUSTS
CHAPTER 10 - UNIFORM TRUST CODE
ARTICLE 10 - LIABILITY OF FIDUCIARIES AND RIGHTS OF PERSONS DEALING WITH FIDUCIARIES
SECTION 4-10-1003 - Damages in absence of breach.

WY Stat § 4-10-1003 (2016) What's This?

4-10-1003. Damages in absence of breach.

(a) A fiduciary is accountable to an affected beneficiary for any profit made by the fiduciary arising from the administration of the trust, even absent a breach of trust.

(b) Absent a breach of trust, a fiduciary is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

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