Wyoming Code § 17-10-114

Liability of directors for excess of indebtedness over assets or capital
Open in Lexace · Ask the AI about this section
If the indebtedness of such corporation shall at any time exceed the amount of the assets of a nonstock corporation or the amount of subscribed capital stock of a stock company, the directors assenting thereto shall be personally and individually liable for such excess to the creditors.

‹ Prev All Wyoming sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.