Title 34 — Title 34 — Property, Conveyances And Security Transactions

30 chapters · 958 sections in this title.

39 sectionsFiltered byTitle 34 Ch 13

W.S. § 34-13-101 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-102 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-103 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-104 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-105 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-106 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-107 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-108 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-109 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-110 Repealed by Laws 1987, ch
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Repealed by Laws 1987, ch. 201, § 2.
W.S. § 34-13-111 Reserved
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Reserved.
W.S. § 34-13-112 Reserved
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Reserved.
W.S. § 34-13-113 Reserved
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Reserved.
W.S. § 34-13-114 Definitions
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Definitions. (a) As used in this act: (i) "Adult" means an individual who has attained the age of twenty-one (21) years; (ii) "Benefit plan" means an employer's plan for the benefit of an employee or partner; (iii) "Broker" means a person lawfully engaged in the business of effec…
W.S. § 34-13-115 "This act" means W.S
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"This act" means W.S. 34-13-114 through Scope and jurisdiction. (a) This act applies to a transfer that refers to this act in the designation under W.S. 34-13-122(a) by which the transfer is made if at the time of the transfer the transferor, the minor or the custodian is a resid…
W.S. § 34-13-116 Nomination of future custodian
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Nomination of future custodian. (a) A person having the right to designate the recipient of property transferable upon the occurrence of a future event may revocably nominate a future custodian to receive the property for a minor beneficiary upon the occurrence of the event by na…
W.S. § 34-13-117 appointment
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appointment. Transfer by gift or exercise of power of A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to W.S. 34-13-122.
W.S. § 34-13-118 Transfer authorized by will or trust
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Transfer authorized by will or trust. (a) A personal representative or trustee may make an irrevocable transfer pursuant to W.S. 34-13-122 to a custodian for the benefit of a minor as authorized in the governing will or trust. (b) If the testator or settlor has nominated a future…
W.S. § 34-13-119 Other transfer by fiduciary
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Other transfer by fiduciary. (a) Subject to subsection (c) of this section, a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to W.S. 34-13-122, in the absence of a will or unde…
W.S. § 34-13-120 Transfer by obligor
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Transfer by obligor. (a) Subject to subsections (b) and (c) of this section, a person not subject to W.S. 34-13-118 or 34-13-119 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of …
W.S. § 34-13-121 Receipt for custodial property
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Receipt for custodial property. A written receipt of the custodian constitutes a sufficient release and discharge for custodial property transferred to the custodian pursuant to this act.
W.S. § 34-13-122 Manner of creating custodial property and effecting transfer; designation of initial custodian; control
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Manner of creating custodial property and effecting transfer; designation of initial custodian; control. (a) Custodial property is created and a transfer is effected when: (i) An uncertificated security or a certificated security in registered form is either: (A) Registered in th…
W.S. § 34-13-123 Single custodianship
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Single custodianship. A transfer may be made for only one (1) minor, and only one (1) person may be the custodian. All custodial property held under this act by the same custodian for the benefit of the same minor constitutes a single custodianship.
W.S. § 34-13-124 Validity and effect of transfer
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Validity and effect of transfer. (a) The validity of a transfer made in a manner prescribed in this act is not affected by: (i) Failure of the transferor to comply with W.S. 34-13-122(c) concerning possession and control; (ii) Designation of an ineligible custodian, except design…
W.S. § 34-13-125 (a) Care of custodial property
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(a) Care of custodial property. A custodian shall: (i) Take control of custodial property; (ii) Register or record title to custodial property if appropriate; and (iii) Collect, hold, manage, invest and reinvest custodial property. (b) In dealing with custodial property, a custod…
W.S. § 34-13-126 Powers of custodian
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Powers of custodian. (a) A custodian acting in the capacity of custodian has all the rights, powers and authority over custodial property that unmarried adult owners have over their own property, but a custodian may exercise any of the rights, powers and authority over custodial …
W.S. § 34-13-127 Use of custodial property
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Use of custodial property. (a) A custodian may deliver or pay to the minor or expend for the minor's benefit so much or all of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to: (i) The duty…
W.S. § 34-13-128 Custodian's expenses; compensation and bond
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Custodian's expenses; compensation and bond. (a) A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian's duties. (b) Except for a custodian who is a transferor under W.S. 34-13-117, a custodian has a …
W.S. § 34-13-129 Exemption of third persons from liability
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Exemption of third persons from liability. (a) A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer under this act or purporting to act in the capacity of a custodian and, in the absenc…
W.S. § 34-13-130 Liability to third persons
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Liability to third persons. (a) A claim based on a contract entered into by a custodian acting as such, on an obligation arising from the ownership or control of custodial property, or on a tort committed during the custodianship may be asserted against the custodial property by …
W.S. § 34-13-131 Renunciation, resignation, death or removal of custodian; designation of successor custodian
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Renunciation, resignation, death or removal of custodian; designation of successor custodian. (a) A person nominated under W.S. 34-13-116 or designated under W.S. 34-13-122 as custodian may decline to serve by delivering a valid disclaimer to the person who made the nomination or…
W.S. § 34-13-132 custodian
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custodian. Accounting by and determination of liability of (a) A minor who has attained the age of fourteen (14) years, the minor's guardian of the person or legal representative, an adult member of the minor's family, a transferor or a transferor's legal representative may petit…
W.S. § 34-13-133 Termination of custodianship
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Termination of custodianship. (a) The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor's estate upon the earlier of: (i) The minor's attainment of twenty-one (21) years of age with respect to custodial property transferred unde…
W.S. § 34-13-134 The minor's death
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The minor's death. Applicability of provisions. (a) This act applies to a transfer within the scope of W.S. 34-13-115 made after its effective date if: (i) The transfer purports to have been made under the Uniform Gifts to Minors Act of Wyoming; or (ii) The instrument by which th…
W.S. § 34-13-135 Effect on existing custodianships
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Effect on existing custodianships. (a) Any transfer of custodial property as now defined in this act purporting to have been made before the effective date of this act is validated notwithstanding that there was no specific authority in the Uniform Gifts to Minors Act of Wyoming …
W.S. § 34-13-136 Uniform construction of provisions
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Uniform construction of provisions. This act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it.
W.S. § 34-13-137 Short title
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Short title. This act may be cited as the "Wyoming Uniform Transfers to Minors Act".
W.S. § 34-13-138 property
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property. Changing the time for transfer of custodial (a) Subject to the requirements and limitations of this section, the time for transfer to the minor of custodial property transferred under W.S. 34-13-116 through 34-13-119 may be changed to a specified time other than the min…
W.S. § 34-13-139 Extension of custodial term by custodian
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Extension of custodial term by custodian. (a) A custodian may extend the custodial term under this section to an age older than the age that is specified by this act or a transferring instrument made under W.S. 34-13-122, subject to the right of the minor to compel immediate dist…