Wyoming Statutes

Wyo. Stat. § 17-19-1302 (2026)

Purchase of memberships; authorized

✓ current as of May 2026

Find cases: SyfertCases citing this section WY-LEGwyoleg.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

distributions.

     (a) A mutual benefit corporation may purchase its
memberships if after the purchase is completed:

          (i) The corporation would be able to pay its debts as
they become due in the usual course of its activities; and

          (ii) The corporation's total assets would at least
equal the sum of its total liabilities.

     (b) Corporations may make distributions upon dissolution
in conformity with article 14 of this act.

Notes of Decisions

Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Tram Tower Townhouse Ass'n v. Beryl Weiner & Leonard Dvorson Neal Norman & Melissa Norman, as Trs. of the Norman Holdings Trust Under Agreement Dated July 12, 2005 Aconcagua Capital, Llc Cliff Bruder Ann Bruder Margaret Armstrong James A. Krentler, as Tr. of the James Krentler Trust Under Agreement Dated April 8, 1987 Frank Perna, Jr. A/K/A Frank Perna John L. Kemmerer, Iii Constance Kemmerer & Michael Healy, 2022 WY 58 (Wyo. 2022).

Sort: Relevance Newest Treatment

Tram Tower Townhouse Ass'n v. Beryl Weiner & Leonard Dvorson Neal Norman & Melissa Norman, as Trs. of the Norman Holdings Trust Under Agreement Dated July 12, 2005 Aconcagua Capital, Llc Cliff Bruder Ann Bruder Margaret Armstrong James A. Krentler, as Tr. of the James Krentler Trust Under Agreement Dated April 8, 1987 Frank Perna, Jr. A/K/A Frank Perna John L. Kemmerer, Iii Constance Kemmerer & Michael Healy, 2022 WY 58 (Wyo. 2022). · cites it 3× “10 Wyo. Stat. Ann. § 17-19-1301 provides, “Except as authorized by W.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.