Current through the 2024 legislative session
Section 2-3-202 - Definitions(a) In this act unless the context or subject matter otherwise requires: (i) "Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking; (ii) "Fiduciary" includes a trustee under any trust, expressed, implied, resulting or constructive, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer or any other person acting in a fiduciary capacity for any person, trust or estate; (iii) "Person" includes a corporation, partnership or other association or two (2) or more persons having a joint or common interest; (iv) "Principal" includes any person to whom a fiduciary as such owes an obligation; (v) A thing is done "in good faith" within the meaning of this act, when it is in fact done honestly, whether it be done negligently or not; (vi) As used in the Uniform Fiduciaries Act, "this act" means W.S. 2-3-201 through 2-3-211.