Wyoming Statutes
§ 17-19-622 — Purchase of memberships
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 19 WYOMING NONPROFIT CORPORATION ACT·Art. 6 MEMBERS AND MEMBERSHIPS
(a)A public benefit or religious corporation may not
purchase any of its memberships or any right arising therefrom.
(b)A mutual benefit corporation may purchase the
membership of a member who resigns or whose membership is
terminated for the amount and pursuant to the conditions set
forth in or authorized by its articles or bylaws. No payment
shall be made in violation of article 13 of this act.
D. Derivative Suits
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Nearby Sections
15
§ 17-19-1001
Authority to amend§ 17-19-1002
Amendment by directors§ 17-19-1003
Amendment by directors and members§ 17-19-1004
Class voting by members on amendments§ 17-19-1005
Articles of amendment§ 17-19-1006
Restated articles of incorporation§ 17-19-1007
Amendment pursuant to judicial reorganization§ 17-19-1008
Effect of amendment§ 17-19-101
Short title§ 17-19-102
Reservation of power to amend or repeal§ 17-19-1020
Amendment by directors§ 17-19-1021
Amendment by directors and members§ 17-19-1022
Class voting by members on amendments§ 17-19-1030
Approval by third persons