Wyoming Statutes
§ 17-32-120 — Approval by members
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 32 WYOMING DECENTRALIZED UNINCORPORATED NONPROFIT
(a)Except as otherwise provided in the governing
principles, a decentralized unincorporated nonprofit association
shall have the approval of the majority of membership interests
participating in a vote to:
(i)Suspend, dismiss or expel a member;
(ii)Select or dismiss an administrator;
(iii)Adopt, amend or repeal the governing
principles;
(iv)Sell, lease, exchange or otherwise dispose of
the decentralized unincorporated nonprofit association's
property;
(v)Dissolve the decentralized unincorporated
nonprofit association under W.S 17-32-114;
(vi)Undertake any other act outside the ordinary
course of the decentralized unincorporated nonprofit
association's activities;
(vii)Determine the policy and purpose of the
decentralized unincorporated nonprofit association.
(b)A decentralized uni
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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