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

Wyoming Statutes

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

Wyoming § 17-32-114

Title 17Corporations, Partnerships and Associations

Ch. 32WYOMING DECENTRALIZED UNINCORPORATED NONPROFIT

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Bluebook

Wyo. Stat. Ann. § 17-32-114 (2026).

Text

(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

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(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.