Wyoming Statutes
§ 17-30-204 — Property contribution
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 30 WYOMING STATUTORY FOUNDATION ACT·Art. 2 PURPOSE, POWERS AND CAPITAL
(a)The initial property contributed to a statutory
foundation may consist of tangible or intangible property,
whether or not the contribution is made as a gift or otherwise.
(b)After the contribution of initial property to the
statutory foundation, and if permitted by the operating
agreement of the foundation, additional contributions may be
made to the statutory foundation by a founder or any
contributor.
(c)The tangible and intangible property of the statutory
foundation may include:
(i)Initial contributions of property;
(ii)Additional contributions of property;
(iii)Any accumulated income.
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Nearby Sections
15
§ 17-30-1001
Role of court in administration§ 17-30-1002
Power of court to give directions§ 17-30-1003
Sealing and availability of documents§ 17-30-101
Short title§ 17-30-102
Definitions§ 17-30-103
Governing law§ 17-30-104
Supplemental principles of law§ 17-30-105
Electronic records and signatures§ 17-30-106
Powers of secretary of state§ 17-30-1101
Continuance§ 17-30-202
Enforcement of charitable purposes§ 17-30-203
Powers of a statutory foundation§ 17-30-204
Property contribution