Wyoming § 17-30-901 Termination

Wyoming Statutes

§ 17-30-901 — Termination

Wyoming § 17-30-901

Title 17Corporations, Partnerships and Associations

Ch. 30WYOMING STATUTORY FOUNDATION ACT

Art. 9TERMINATION

This text of Wyoming § 17-30-901 (Termination) 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. § 17-30-901 (2026).

Text

(a)A statutory foundation may be terminated, and its activities wound up, upon the occurrence of any of the following:

(i)An event or circumstance provided in the operating agreement or articles of formation of the foundation that results in or authorizes termination;

(ii)Upon consent of all adult beneficiaries, the founder and the protector, if any, agree to terminate the statutory foundation, provided that this consent is only valid to the extent that termination is not inconsistent with a material purpose of the statutory foundation;

(iii)Upon a finding of a court that the purpose of the statutory foundation can no longer be achieved.

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(a) A statutory foundation may be terminated, and its
activities wound up, upon the occurrence of any of the
following:
(i) An event or circumstance provided in the
operating agreement or articles of formation of the foundation
that results in or authorizes termination;
(ii) Upon consent of all adult beneficiaries, the
founder and the protector, if any, agree to terminate the
statutory foundation, provided that this consent is only valid
to the extent that termination is not inconsistent with a
material purpose of the statutory foundation;
(iii) Upon a finding of a court that the purpose of
the statutory foundation can no longer be achieved.