Wyoming Statutes
§ 17-32-116 — Member resignation
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 32 WYOMING DECENTRALIZED UNINCORPORATED NONPROFIT
(a)A member may resign as a member of a decentralized
unincorporated nonprofit association in accordance with the
governing principles of the nonprofit association. If there are
no applicable governing principles, a member shall be deemed to
have resigned as a member upon the disposal, whether voluntary
or involuntary, of all membership interests or other property or
instruments that confer upon the person a voting right within
the nonprofit association.
(b)Unless otherwise provided for in the governing
principles, resignation of a member does not relieve the member
of any obligation incurred, or commitment made by the member,
before the resignation.
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Nearby Sections
15
§ 17-32-101
Short title§ 17-32-102
Definitions§ 17-32-103
Governing law; territorial application§ 17-32-104
Profits; prohibitions on distributions and
dividends; compensation and other permitted payments§ 17-32-106
Statement of authority as to real property§ 17-32-107
Liability in tort or contract§ 17-32-108
Capacity to assert and defend; standing§ 17-32-109
Effect of judgement or order§ 17-32-111
Summons and complaint; service on whom§ 17-32-113
Venue§ 17-32-116
Member resignation