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18 chapters · 432 sections in this title.
W.S. § 2-3-902 Definitions
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Definitions. (a) As used in this act: (i) "Beneficiary" means a person as defined in W.S. 2-3-802(a)(ii); (ii) "Disinterested person" means a person who is not a "related or subordinate party" as defined in § 672(c) of the Internal Revenue Code, with respect to the person then ac…
W.S. § 2-3-903 Unitrust election by trustee; requirements to make unitrust election
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Unitrust election by trustee; requirements to make unitrust election. (a) A trustee, other than an interested trustee, or where two (2) or more persons are acting as trustees, a majority of the trustees who are not interested trustees may, in its sole discretion and without the a…
W.S. § 2-3-904 Unitrust election where there is no trustee other than an interested trustee; requirements to make unitrust election
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Unitrust election where there is no trustee other than an interested trustee; requirements to make unitrust election. (a) If there is no trustee of the trust other than an interested trustee, the interested trustee, or where two (2) or more persons are acting as trustees and are …
W.S. § 2-3-905 Unitrust election by beneficiary; ability to request trustee action
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Unitrust election by beneficiary; ability to request trustee action. (a) A beneficiary, who is receiving, or is entitled to receive, income under the trust or to receive a distribution of principal if the trust were terminated, may: (i) Submit to the trustee a written request to …