§ 17-32-114 — Perpetual existence, dissolution, continuation of existence

(a) A decentralized unincorporated nonprofit association
shall have perpetual existence unless its governing principles
otherwise specify.
(b) A decentralized unincorporated nonprofit association
may be dissolved by any of the following methods:
(i) If the governing principles of the nonprofit
association provide a time or method for dissolution, by that
method;
(ii) If the governing principles of the nonprofit
association do not provide a method for dissolution, by approval
of its members in accordance with W.S. 17-32-120;
(iii) If membership in the nonprofit association
falls below one hundred (100) members and the decentralized
unincorporated nonprofit association does not meet the
requirements of a Wyoming unincorporated nonprofit association
under W.S. 17-22-101 through 17-22-115. In the event membership
in the nonprofit association falls below one hundred (100)
members and the nonprofit association meets the requirements of
a Wyoming unincorporated nonprofit association under W.S. 17-22-
101 through 17-22-115, the entity automatically converts to a
Wyoming unincorporated nonprofit association unless the
governing principles otherwise specify another organizational
statute and the organization meets the statutory requirements of
that organization;
(iv) By court order.
(c) After dissolution, a decentralized unincorporated
nonprofit association continues in existence until its
activities have been wound up and terminated pursuant to W.S.