Wyoming Statutes
§ 17-16-1409 — Directors' duties
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 14 DISSOLUTION
(a)Directors shall cause the dissolved corporation to
discharge or make reasonable provision for the payment of claims
and make distributions of assets to shareholders after payment
or provision for claims.
(b)Directors of a dissolved corporation which has
disposed of claims under W.S. 17-16-1406, 17-16-1407 or
17-16-1408 shall not be liable for breach of this section with
respect to claims against the dissolved corporation.
B. Administrative Dissolution
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Nearby Sections
15
§ 17-16-1001
Authority to amend§ 17-16-1002
Amendment before issuance of shares§ 17-16-1003
Amendment by board of directors and
shareholders§ 17-16-1004
Voting on amendments by voting groups§ 17-16-1005
Amendment by board of directors§ 17-16-1006
Articles of amendment§ 17-16-1007
Restated articles of incorporation§ 17-16-1009
Effect of amendment§ 17-16-101
Short title§ 17-16-1020
Amendment by board of directors or
shareholders§ 17-16-1101
(Reserved)