Wyoming § 17-10-250 Court-supervised dissolution order

Wyoming Statutes

§ 17-10-250 — Court-supervised dissolution order

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 10 COOPERATIVE MARKETING ASSOCIATIONS·Art. 2 PROCESSING COOPERATIVE

(a)In an involuntary or supervised voluntary dissolution after the costs and expenses of the proceedings and all debts, obligations and liabilities of the cooperative have been paid or discharged and the remaining property and assets have been distributed to its members or, if its property and assets are not sufficient to satisfy and discharge the costs, expenses, debts, obligations and liabilities, when all the property and assets have been applied so far as they will go to their payment according to their priorities, the court shall enter an order dissolving the cooperative.

(b)When the order dissolving the cooperative or association has been entered, the cooperative or association is dissolved.

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(a) In an involuntary or supervised voluntary dissolution
after the costs and expenses of the proceedings and all debts,
obligations and liabilities of the cooperative have been paid or
discharged and the remaining property and assets have been
distributed to its members or, if its property and assets are
not sufficient to satisfy and discharge the costs, expenses,
debts, obligations and liabilities, when all the property and
assets have been applied so far as they will go to their payment
according to their priorities, the court shall enter an order
dissolving the cooperative.
(b) When the order dissolving the cooperative or
association has been entered, the cooperative or association is
dissolved.

Wyoming § 17-10-250 (Court-supervised dissolution order) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.