To complete the Wyoming Certificate of Amendment for the Gonen Statutory Trust, you will need to fill out the state’s official form (usually form ST-Amendment).
The most critical part of this filing is the section where you describe the amendment. You must use specific language that references the Wyoming Statutory Trust Act to ensure your liability “silos” are legally recognized.
Draft Text for the “Amendment” Section
When filling out the form, you can insert the following text into the section titled “The amendment to the Certificate of Trust is as follows”:
”Pursuant to W.S. § 17-23-108, the Gonen Statutory Trust hereby amends its Certificate of Trust to establish a new series. The name of the new series is: Gonen Statutory Trust – [Insert Series Name/Number].
The debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to this Series shall be enforceable against the assets of this Series only, and not against the assets of the Gonen Statutory Trust generally or any other series thereof. Furthermore, none of the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Gonen Statutory Trust generally or any other series thereof shall be enforceable against the assets of this Series.”
Filing Instructions for Wyoming
| Step | Action Item |
|---|---|
| Name of Trust | Use the exact name currently on file (e.g., Gonen Statutory Trust). |
| New Series Name | Ensure the name is distinct and includes the parent trust name. |
| Signature | Must be signed by at least one Trustee. |
| Mailing Address | Wyoming Secretary of State Herschler Building East, Suite 101 122 West 25th Street Cheyenne, WY 82002-0020 |
| Payment | Include a check for $60.00 made payable to the “Wyoming Secretary of State.” |
Important Reminder: Internal Bookkeeping
While the state filing is the “public” notice, the Wyoming Statutory Trust Act requires you to maintain “separate and distinct records” for each series.
- Do not pay a Series A bill from a Series B checkbook.
- Do not sign contracts as “Gonen Statutory Trust.” Always sign as “Gonen Statutory Trust – Series [Name], by [Your Name], Trustee.”