{"data":{"id":"us-wy/wyo.-stat.-34.1-8-506","jurisdiction":"us-wy","citation":"Wyo. Stat. § 34.1-8-506","heading":"Duty of securities intermediary to exercise rights as directed by entitlement holder.","body":"(a) A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary satisfies the duty if:\n(i) The securities intermediary acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or\n(ii) In the absence of agreement, the securities intermediary either places the entitlement holder in a position to exercise the rights directly or exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["TITLE 34.1 - UNIFORM COMMERCIAL CODE","ARTICLE 8 - INVESTMENT SECURITIES","PART 5 SECURITY ENTITLEMENTS"],"source_url":"https://wyoleg.gov/statutes/compress/title34.1.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"c4c7f08d9bcdd76b4b19ed57b4a96225d13ed3671392e571e121f6c394b027ce","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-34.1-8-505","next":"us-wy/wyo.-stat.-34.1-8-507"},"notice":"GroundRules: Original legal text. Not legal advice."}