{"data":{"id":"us-wy/wyo.-stat.-17-32-114","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-32-114","heading":"Perpetual existence, dissolution, continuation of existence.","body":"(a) A decentralized unincorporated nonprofit association shall have perpetual existence unless its governing principles otherwise specify.\n(b) A decentralized unincorporated nonprofit association may be dissolved by any of the following methods:\n(i) If the governing principles of the decentralized unincorporated nonprofit association provide a time or method for dissolution, by that method;\n(ii) If the governing principles of the decentralized unincorporated nonprofit association do not provide a method for dissolution, by approval of its members in accordance with W.S. 17-32-120;\n(iii) If membership in the decentralized unincorporated nonprofit association falls below one hundred (100) members and the decentralized unincorporated nonprofit association does not meet the requirements of a Wyoming unincorporated nonprofit association under W.S. 17-22-101 through 17-22-115. In the event membership in the decentralized unincorporated nonprofit association falls below one hundred (100) members and the decentralized unincorporated nonprofit association meets the requirements of a Wyoming unincorporated nonprofit association under W.S. 17-22-101 through 17-22-115, the entity automatically converts to a Wyoming unincorporated nonprofit association unless the governing principles otherwise specify;\n(iv) By court order.\n(c) After dissolution, a decentralized unincorporated nonprofit association continues in existence until its activities have been wound up and terminated pursuant to W.S. 17-32-126.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 32 - WYOMING DECENTRALIZED UNINCORPORATED NONPROFIT ASSOCIATION ACT"],"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":"18a64f05f90f080a3bb622dbba4fd9bc882ab254a871507497f4fb010fb4b1a8","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-32-113","next":"us-wy/wyo.-stat.-17-32-115"},"notice":"GroundRules: Original legal text. Not legal advice."}
