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2017 Wyoming Statutes
TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
CHAPTER 23 - WYOMING STATUTORY TRUST ACT
ARTICLE 1 - GENERAL PROVISIONS
SECTION 17-23-121 - Indemnification.
Universal Citation: WY Stat § 17-23-121 (2017)
17-23-121. Indemnification.
(a) Subject to standards and restrictions, if any, as are set forth in the governing instrument, a statutory trust shall have the power to indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.
(b) The absence of a provision for indemnity in the governing instrument shall not be construed to deprive any trustee or beneficial owner or other person of any right to indemnity which is otherwise available to the person under the laws of this state.
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