Wyoming Statutes

§ 17-19-621 — Termination, expulsion and suspension

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 19 WYOMING NONPROFIT CORPORATION ACT·Art. 6 MEMBERS AND MEMBERSHIPS
(a)No member of a public benefit or mutual benefit corporation may be expelled or suspended, and no membership or memberships in such corporations may be terminated or suspended except pursuant to a procedure that is fair and reasonable and is carried out in good faith.
(b)A procedure is fair and reasonable when either:
(i)The articles or bylaws set forth a procedure that provides:
(A)Not less than fifteen (15) days prior written notice of the expulsion, suspension or termination and the reasons therefor; and
(B)An opportunity for the member to be heard, orally or in writing, not less than five (5) days before the effective date of the expulsion, suspension or termination by a person or persons authorized to decide that the proposed expulsion, termination or suspension not take place;

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 17-19-621 (Termination, expulsion and suspension) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗