Trust company organized as limited liability company; applicability

W.S. § 13-5-303 — under Chapter 5 — Trust Companies.

W.S. § 13-5-303

Trust company organized as limited liability company; applicability. A trust company organized as a limited liability company shall be subject to all of the same laws and regulations that relate to a trust company organized as a corporation. All managers, officers and employees of a trust company organized as a limited liability company shall be subject to the same duties and liabilities that apply to directors, officers and employees of a trust company organized as a corporation. Any reference made in this chapter only to a corporation, director or shareholder shall also apply to a limited liability company, manager or member.