4-10-904. Duties at inception of trusteeship.
Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements and other circumstances of the trust, and with the requirements of this article.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 9 - Uniform Prudent Investor Act
Section 4-10-901 - Prudent Investor Rule; Definitions.
Section 4-10-902 - Standard of Care; Portfolio Strategy; Risk and Return Objectives.
Section 4-10-903 - Diversification.
Section 4-10-904 - Duties at Inception of Trusteeship.
Section 4-10-906 - Impartiality.
Section 4-10-907 - Investment Costs.
Section 4-10-908 - Reviewing Compliance.
Section 4-10-909 - Delegation of Investment and Management Functions.
Section 4-10-910 - Language Invoking Standard of This Article.
Section 4-10-911 - Application to Public Funds of the State of Wyoming.