Title 34, Property, Conveyances And Security Transactions

Contents of plat; acknowledgment; approval by county commissioners or governing body of cities or towns; filing and recording. (a) Every plat shall contain a statement to the effect that "the above or foregoing subdivision of (here insert a correct description of the land or parc…

Townsites; effect of acknowledgment and recording. The acknowledgment and recording of such plat, is equivalent to a deed in fee simple of such portion of the premises platted as is on such plat set apart for streets, or other public use, or is thereon dedicated to charitable, re…

Townsites; recording fees. When any person, company or corporation, shall file a townsite plat, or an addition to a townsite, it must be accompanied by the fee listed in W.S. 18-3-402(a)(xvi)(O) for the purpose of filing and recording of said plat. The record of the plat shall in…

Vacation; generally. Any such plat may be vacated by the proprietors thereof at any time before the sale of any lots therein, by a written instrument declaring the same to be vacated, duly executed, acknowledged or proved and recorded in the same office with the plat to be vacate…

Vacation; streets and alleys. Streets and alleys so platted and laid out, or which have been platted or laid out under any prior law of this state regulating private plats, may be altered or vacated in the manner provided by law for the alteration or discontinuance of highways.

Vacation; partial vacation; when permitted. Any part of a plat may be vacated under the provisions, and subject to the conditions of this act; provided, such vacating does not abridge or destroy any of the rights and privileges of other proprietors in said plat; and provided, fur…

Vacation; partial vacation; effect on streets. When any part of a plat shall be vacated as aforesaid, the proprietors of the lots so vacated may enclose the streets, alleys and public grounds adjoining lots in equal proportions.

Vacation; duty of county clerk. The county clerk, in whose office the plats aforesaid are recorded, shall write in plain, legible letters across that part of the plat so vacated, the word "vacated", and identify where the instrument of vacation is recorded.

Vacation; platting by county surveyor; acknowledgment and recording; conveyance and assessment by number. The owner of any lots in a plat so vacated, may cause the same and a proportionate part of adjacent streets and public grounds to be platted and numbered by the county survey…

Procedure after failure to make plat; acknowledgment; recording; costs. Whenever the original owner or proprietor of any subdivision of any land, as contemplated in W.S. 34-12-102, has sold or conveyed any part thereof, or invested the public with any rights therein, and has fail…

Procedure when ownership in severalty and description uncertain. Whenever any congressional subdivision of land of forty (40) acres of land, or less, or any lot or subdivision is owned by two (2) or more persons in severalty, and the description of one (1) or more of the differen…

Warranty of accurate description; notice if inaccurate description; proceedings upon repeal. Every conveyance of land in this state shall be deemed to be a warranty that the description therein contained is sufficiently definite and accurate, to enable the county clerk to make en…

Selling lots not platted prohibited. (a) No person shall sell, as defined in W.S. 18-5-302(a)(v), any lots in any town, or addition to any town or city, until the plat thereof has been duly acknowledged and recorded as provided in this act. (b) The provisions of this section are …

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…

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 resident of this state or the custodial prope…

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…

Transfer by gift or exercise of power of appointment. 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.

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…

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…

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 …

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.

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…

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.

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…

Care of custodial property. (a) 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…

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 …

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…

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 …

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…

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 …

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…

Accounting by and determination of liability of custodian. (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…

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…

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 the transfer purports…

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 …

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.

Short title. This act may be cited as the "Wyoming Uniform Transfers to Minors Act".

Changing the time for transfer of custodial property. (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…

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…

Short title. This act may be cited as the "Uniform Fraudulent Transfer Act."

Definitions. (a) As used in this act: (i) "Affiliate" means: (A) A person who directly or indirectly owns, controls, or holds with power to vote, twenty percent (20%) or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (I) As …

Insolvency. (a) A debtor is insolvent if the sum of the debtor's debt is greater than all of the debtor's assets, at a fair valuation. (b) A debtor who is generally not paying his debts as they become due is presumed to be insolvent. (c) A partnership is insolvent under subsectio…

Value. (a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the pro…

Transfers fraudulent as to present and future creditors. (a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer…

Transfers fraudulent as to present creditors. (a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without rec…

When transfer is made or obligation is incurred. (a) For purposes of this act: (i) A transfer is made: (A) With respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the…