Wyo. Stat. » Wyo. Stat. / Title 17 - Corporations, Partnerships and Associations / Chapter 19 - WYOMING NONPROFIT CORPORATION ACT / Article 8 - DIRECTORS AND OFFICERS
Wyoming Statutes

Wyo. Stat. § 17-19-801 (2026)

Requirement for and duties of board.

✓ current as of May 2026
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(a)   Each corporation shall have a board of directors.

     (b) Except as provided in this act or subsection (c) of
this section, all corporate powers shall be exercised by or
under the authority of, and the affairs of the corporation
managed under the direction of, its board.

     (c) The articles may authorize a person or persons to
exercise some or all of the powers which would otherwise be
exercised by a board. To the extent so authorized any such
person or persons shall have the duties and responsibilities of
the directors, and the directors shall be relieved to that
extent from such duties and responsibilities.
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Gerald L. Spence John Zelbst Rex Parris Joseph H. Low & Kent Spence, directly on their own behalf & derivatively on behalf of the Trial Lawyers Coll., a Wyoming Nonprofit Corp. v. John Sloan Milton Grimes Maren Chaloupka J.R. Clary, Jr. Dana Cole & Anne Valentine & the Trial Lawyers Coll., a Wyoming Nonprofit Corp., 2022 WY 96 (Wyo. 2022).
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Gerald L. Spence John Zelbst Rex Parris Joseph H. Low & Kent Spence, directly on their own behalf & derivatively on behalf of the Trial Lawyers Coll., a Wyoming Nonprofit Corp. v. John Sloan Milton Grimes Maren Chaloupka J.R. Clary, Jr. Dana Cole & Anne Valentine & the Trial Lawyers Coll., a Wyoming Nonprofit Corp., 2022 WY 96 (Wyo. 2022). · cites it 2× “§ 392; see also Wyo. Stat. Ann. § 17-19-801 (b) (“[A]ll corporate powers shall be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board.”
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