Wyoming Statutes
§ 17-17-125 — Limited liability
Wyoming § 17-17-125
JurisdictionWyoming
Title 17Corporations, Partnerships and Associations
Ch. 17CLOSE CORPORATION SUPPLEMENT
Art. 1PROVISIONS
This text of Wyoming § 17-17-125 (Limited liability) 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. § 17-17-125 (2026).
Text
The failure of a statutory close corporation to observe the
usual corporate formalities or requirements relating to the
exercise of its corporate powers or management of its business
and affairs is not a ground for imposing personal liability on
the shareholders for liabilities of the corporation.
Subarticle D. Reorganization and Termination
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Nearby Sections
15
§ 17-17-101
Short title§ 17-17-102
Application of Wyoming Business Corporation Act
and the provisions of W.S. 17-3-101 through 17-3-104§ 17-17-111
Share transfer prohibition§ 17-17-115
Exercise of compulsory purchase right§ 17-17-116
17-17-116. Court action to compel purchase§ 17-17-117
Court costs and other expenses§ 17-17-120
Shareholder agreements§ 17-17-121
Elimination of board of directors§ 17-17-122
Bylaws§ 17-17-123
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Bluebook (online)
Wyoming § 17-17-125, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/17/17-17-125.