Wyoming Statutes
§ 17-11-111 — Determination of net earnings and surplus
Net earnings and surplus shall be determined by the board of
directors, after providing for such reserves as said directors
deem desirable, and the determination of the directors made in
good faith shall be conclusive on all persons.
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Nearby Sections
15
§ 17-11-101
Short title§ 17-11-102
Definitions§ 17-11-104
Powers of corporation generally§ 17-11-106
Membership generally; loans to corporation§ 17-11-107
Duration of membership; withdrawal§ 17-11-108
Powers of shareholders and members§ 17-11-109
Amendments to articles of incorporation§ 17-11-110
Board of directors§ 17-11-111
Determination of net earnings and surplus§ 17-11-112
Depository of funds§ 17-11-113
Examination by director; reports§ 17-11-114
First meeting§ 17-11-115
Perpetual existence