Wyo. Stat. § 9-3-439: General duties of trustee and fiduciary.
Where this section sits in the code
- TITLE 9 - ADMINISTRATION OF THE GOVERNMEN
- CHAPTER 3 - COMPENSATION AND BENEFITS
- ARTICLE 4 - RETIREMENT
(a) A trustee or other fiduciary shall discharge duties with respect to a retirement system:
(i) Solely in the interest of the participants and beneficiaries;
(ii) For the exclusive purpose of providing benefits to participants and beneficiaries and paying reasonable expenses of administering the system;
(iii) With the care, skill and caution under the circumstances then prevailing which a prudent person acting in a like capacity and familiar with those matters would use in the conduct of an activity of like character and purpose;
(iv) Impartially, taking into account any differing interests of participants and beneficiaries;
(v) Incurring only costs that are appropriate and reasonable; and
(vi) In accordance with a good-faith interpretation of the law governing the retirement program and system.
Collected 2026-09-04T00:16:32Z. Source file · JSON