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Section 2-6-108 - Specific Devise of Securities; Accessions; Nonademption.

WY Stat § 2-6-108 (2019) (N/A)
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2-6-108. Specific devise of securities; accessions; nonademption.

(a) If the testator intended a specific devise of certain securities rather than the equivalent value thereof, the specific devisee is entitled only to:

(i) As much of the devised securities as are a part of the estate at time of the testator's death;

(ii) Any additional or other securities of the same entity owned by the testator by reason of action initiated by the entity excluding any acquired by exercise of purchase options;

(iii) Securities of another entity owned by the testator as a result of a merger, consolidation, reorganization or other similar action initiated by the entity; and

(iv) Any additional securities of the entity owned by the testator as a result of a plan of reinvestment.

(b) Distributions prior to death with respect to a specifically devised security not provided for in subsection (a) of this section are not part of the specific devise.

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Section 2-6-107 - Failure of a Testamentary Provision.
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Section 2-6-109 - Nonademption of Specific Devises Where Sold by Conservator; Exception; Rights of Specific Devisee.