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Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 17-16-1409: Directors' duties.

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Where this section sits in the code
  1. TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 16 - WYOMING BUSINESS CORPORATION ACT
  3. ARTICLE 14 - DISSOLUTION

(a) Directors shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions of assets to shareholders after payment or provision for claims.

(b) Directors of a dissolved corporation which has disposed of claims under W.S. 17-16-1406, 17-16-1407 or 17-16-1408 shall not be liable for breach of this section with respect to claims against the dissolved corporation.

B. Administrative Dissolution

Collected 2026-09-04T00:16:32Z. Source file · JSON

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