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

Wyo. Stat. § 17-19-622: Purchase of memberships.

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Where this section sits in the code
  1. TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 19 - WYOMING NONPROFIT CORPORATION ACT
  3. ARTICLE 6 - MEMBERS AND MEMBERSHIPS

(a) A public benefit or religious corporation may not purchase any of its memberships or any right arising therefrom.

(b) A mutual benefit corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles or bylaws. No payment shall be made in violation of article 13 of this act.

D. Derivative Suits

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

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