{"data":{"id":"us-wy/wyo.-stat.-17-17-125","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-17-125","heading":"Limited liability.","body":"The failure of a statutory close corporation to observe the usual corporate formalities or requirements relating to the exercise of its corporate powers or management of its business and affairs is not a ground for imposing personal liability on the shareholders for liabilities of the corporation.\nSubarticle D. Reorganization and Termination","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 17 - CLOSE CORPORATION SUPPLEMENT","ARTICLE 1 - PROVISIONS"],"source_url":"https://wyoleg.gov/statutes/compress/title17.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"5f89d79bb67d1afde432c84b081f0ce8ec5010f2e084f0c43af596fa9c160014","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-17-124","next":"us-wy/wyo.-stat.-17-17-130"},"notice":"GroundRules: Original legal text. Not legal advice."}