4-10-1009. Beneficiary's consent, release or ratification.
(a) A fiduciary is not liable to a beneficiary for breach of trust if the beneficiary consented in writing to the conduct constituting the breach, released the fiduciary from liability for the breach or ratified the transaction constituting the breach, unless:
(i) The consent, release or ratification of the beneficiary was induced by improper conduct of the fiduciary; or
(ii) At the time of the consent, release or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 10 - Liability of Fiduciaries and Rights of Persons Dealing With Fiduciaries
Section 4-10-1001 - Remedies for Breach of Trust.
Section 4-10-1002 - Damages for Breach of Trust.
Section 4-10-1003 - Damages in Absence of Breach.
Section 4-10-1004 - Attorney's Fees and Costs.
Section 4-10-1005 - Limitation of Action Against Fiduciary.
Section 4-10-1006 - Reliance on Trust Instrument.
Section 4-10-1007 - Event Affecting Administration or Distribution.
Section 4-10-1008 - Exculpation of Fiduciaries.
Section 4-10-1009 - Beneficiary's Consent, Release or Ratification.
Section 4-10-1010 - Limitation on Personal Liability of Fiduciary.
Section 4-10-1011 - Liability of Successor Fiduciaries for Actions of Predecessor.
Section 4-10-1012 - Interest of Trustee as General Partner.
Section 4-10-1013 - Protection of Person Dealing With Fiduciary.