Wyoming § 17-16-850 Subarticle definitions

Wyoming Statutes

§ 17-16-850 — Subarticle definitions

Wyoming § 17-16-850

Title 17Corporations, Partnerships and Associations

Ch. 16WYOMING BUSINESS CORPORATION ACT

Art. 8DIRECTORS AND OFFICERS

This text of Wyoming § 17-16-850 (Subarticle definitions) 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. § 17-16-850 (2026).

Text

(a)In this subarticle:

(i)"Corporation" includes any domestic or foreign predecessor entity of a corporation in a merger;

(ii)"Director" or "officer" means an individual who is or was a director or officer, respectively, of a corporation or who, while a director or officer of the corporation, is or was serving at the corporation's request as a director, officer, manager, partner, trustee, employee or agent of another entity or employee benefit plan. A director or officer is considered to be serving an employee benefit plan at the corporation's request if the individual's duties to the corporation also impose duties on, or otherwise involve services by, the individual to the plan or to participants in or beneficiaries of the plan. "Director" or "officer" includes, unless the context requ

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(a) In this subarticle:
(i) "Corporation" includes any domestic or foreign
predecessor entity of a corporation in a merger;
(ii) "Director" or "officer" means an individual who
is or was a director or officer, respectively, of a corporation
or who, while a director or officer of the corporation, is or
was serving at the corporation's request as a director, officer,
manager, partner, trustee, employee or agent of another entity
or employee benefit plan. A director or officer is considered
to be serving an employee benefit plan at the corporation's
request if the individual's duties to the corporation also
impose duties on, or otherwise involve services by, the
individual to the plan or to participants in or beneficiaries of
the plan. "Director" or "officer" includes, unless the context
requires otherwise, the estate or personal representative of a
director or officer;
(iii) "Liability" means the obligation to pay a
judgment, settlement, penalty, fine (including an excise tax
assessed with respect to an employee benefit plan), or
reasonable expenses incurred with respect to a proceeding.