Wyo. Stat. § 2-3-910
This is the official text of Wyo. Stat. § 2-3-910, part of Wyoming’s Wyoming Statutes — the complete compiled statutory law of Wyoming, organized into 40+ numbered titles by subject. This particular section falls under Title 2, “Wills, Decedents' Estates and Probate Code.”
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Administration
Official statutory text
(a) In administering a total return unitrust, the trustee may, in its sole discretion, but subject to the provisions of the governing instrument, determine:
(i) The effective date of the conversion;
(ii) The timing of distributions, including provisions for prorating a distribution for a short year in which a beneficiary's right to payments commences or ceases;
(iii) Whether distributions are to be made in cash or in kind or partly in cash and partly in kind;
(iv) If the trust is reconverted to an income trust, the effective date of the reconversion; and
(v) Other administrative issues as may be necessary or appropriate to carry out the purposes of this act.
(i) The effective date of the conversion;
(ii) The timing of distributions, including provisions for prorating a distribution for a short year in which a beneficiary's right to payments commences or ceases;
(iii) Whether distributions are to be made in cash or in kind or partly in cash and partly in kind;
(iv) If the trust is reconverted to an income trust, the effective date of the reconversion; and
(v) Other administrative issues as may be necessary or appropriate to carry out the purposes of this act.
Status: in_force · Read it on the official government site
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