{"data":{"id":"us-wy/wyo.-stat.-17-19-1302","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-19-1302","heading":"Purchase of memberships; authorized distributions.","body":"(a) A mutual benefit corporation may purchase its memberships if after the purchase is completed:\n(i) The corporation would be able to pay its debts as they become due in the usual course of its activities; and\n(ii) The corporation's total assets would at least equal the sum of its total liabilities.\n(b) Corporations may make distributions upon dissolution in conformity with article 14 of this act.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 19 - WYOMING NONPROFIT CORPORATION ACT","ARTICLE 13 - DISTRIBUTIONS"],"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":"8f2dbb77ac607e7cd3cca2ab6d2b98c5183f0aa9876f7b1bfd6b4771c98b22af","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-19-1301","next":"us-wy/wyo.-stat.-17-19-1401"},"notice":"GroundRules: Original legal text. Not legal advice."}
