2018 Wyoming Statutes
TITLE 13 - BANKS, BANKING AND FINANCE
CHAPTER 5 - TRUST COMPANIES
SECTION 13-5-108 - Laws applicable; matters of contract.
13-5-108. Laws applicable; matters of contract.
(a) In the exercise by a trust company of its powers as guardian, executor, administrator or conservator, or of any office or duty imposed by any court, the company shall be subject to the same responsibilities, liabilities and penalties as an individual acting in like capacity, and the company shall have the same powers and shall receive the same compensation as fixed by law for individuals acting in like capacity.
(b) The exercise of the other powers and the performance of the other duties by the company may be as contracted for by the parties interested.
(c) In performing its duties under a trust, a trust company shall be subject to the provisions of the Uniform Trustees' Powers Act, W.S. 4-10-801 et seq.
