Wyoming § 17-10-233 Allocations and distributions to members

Wyoming Statutes

§ 17-10-233 — Allocations and distributions to members

Wyoming § 17-10-233

Title 17Corporations, Partnerships and Associations

Ch. 10COOPERATIVE MARKETING ASSOCIATIONS

Art. 2PROCESSING COOPERATIVE

This text of Wyoming § 17-10-233 (Allocations and distributions to members) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-10-233 (2026).

Text

(a)The bylaws shall prescribe the allocation of profits and losses between patron membership interests collectively and other membership interests. If the bylaws do not otherwise provide, the profits and losses between patron membership interests collectively and other membership interests shall be allocated on the basis of the value of contributions to capital made by the patron membership interests collectively and other membership interests and accepted by the cooperative. The allocation of profits to the patron membership interests collectively shall not be less than fifteen percent (15%) of the total profits in any fiscal year.

(b)The bylaws shall prescribe the distribution of cash or other assets of the cooperative among the membership interests of the cooperative. If not otherwise

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(a) The bylaws shall prescribe the allocation of profits
and losses between patron membership interests collectively and
other membership interests. If the bylaws do not otherwise
provide, the profits and losses between patron membership
interests collectively and other membership interests shall be
allocated on the basis of the value of contributions to capital
made by the patron membership interests collectively and other
membership interests and accepted by the cooperative. The
allocation of profits to the patron membership interests
collectively shall not be less than fifteen percent (15%) of the
total profits in any fiscal year.
(b) The bylaws shall prescribe the distribution of cash or
other assets of the cooperative among the membership interests
of the cooperative. If not otherwise provided in the bylaws,
distribution shall be made to the patron membership interests
collectively and other members on the basis of the value of
contributions to capital made and accepted by the cooperative by
the patron membership interests collectively and other
membership interests. The distributions to patron membership
interests collectively shall not be less than fifteen percent
(15%) of the total distributions in any fiscal year.