Wyoming § 17-16-1401 Dissolution by incorporators or initial
directors

Wyoming Statutes

§ 17-16-1401 — Dissolution by incorporators or initial directors

Wyoming § 17-16-1401

Title 17Corporations, Partnerships and Associations

Ch. 16WYOMING BUSINESS CORPORATION ACT

Art. 14DISSOLUTION

This text of Wyoming § 17-16-1401 (Dissolution by incorporators or initial directors) 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. § 17-16-1401 (2026).

Text

(a)A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the secretary of state for filing articles of dissolution that set forth:

(i)The name of the corporation;

(ii)The date of its incorporation;

(iii)Either:

(A)That none of the corporation's shares has been issued; or

(B)That the corporation has not commenced business.

(iv)That no debt of the corporation remains unpaid;

(v)That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and

(vi)That a majority of the incorporators or initial directors authorized the dissolution.

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(a) A majority of the incorporators or initial directors
of a corporation that has not issued shares or has not commenced
business may dissolve the corporation by delivering to the
secretary of state for filing articles of dissolution that set
forth:
(i) The name of the corporation;
(ii) The date of its incorporation;
(iii) Either:
(A) That none of the corporation's shares has
been issued; or
(B) That the corporation has not commenced
business.
(iv) That no debt of the corporation remains unpaid;
(v) That the net assets of the corporation remaining
after winding up have been distributed to the shareholders, if
shares were issued; and
(vi) That a majority of the incorporators or initial
directors authorized the dissolution.