4-10-702. Trustee's bond.
(a) A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement.
(b) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.
(c) A regulated financial services institution qualified to do trust business in this state need not give bond, unless required by the terms of the trust.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 7 - Trustees, Trust Advisors and Trust Protectors
Section 4-10-701 - Accepting or Declining Trusteeship.
Section 4-10-702 - Trustee's Bond.
Section 4-10-703 - Cotrustees.
Section 4-10-704 - Vacancy in Trusteeship; Appointment of Successor.
Section 4-10-705 - Resignation of Trustee.
Section 4-10-706 - Removal of Trustee.
Section 4-10-707 - Delivery of Property by Former Trustee.
Section 4-10-708 - Compensation of Trustee.
Section 4-10-709 - Reimbursement of Expenses.
Section 4-10-710 - Trust Protector.
Section 4-10-711 - Trust Protector as a Fiduciary.
Section 4-10-712 - Trust Advisor.
Section 4-10-713 - Trust Advisor as a Fiduciary.
Section 4-10-714 - Trust Advisor and Trust Protector Subject to District Court Jurisdiction.
Section 4-10-715 - No Duty to Review Actions of Trust Advisor or Trust Protector.