Wyo. Stat. § 17-10-114: Liability of directors for excess of indebtedness over assets or capital.
Where this section sits in the code
- TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 10 - COOPERATIVE MARKETING ASSOCIATIONS
- ARTICLE 1 - IN GENERAL
If the indebtedness of such corporation shall at any time exceed the amount of the assets of a nonstock corporation or the amount of subscribed capital stock of a stock company, the directors assenting thereto shall be personally and individually liable for such excess to the creditors.
Collected 2026-09-04T00:16:32Z. Source file · JSON