reglab/housing_qa huggingface dataset:
WY Stat § 17-7-305 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 7 - Charitable, Educational, Religious and Other Societies|Article 3 - Uniform Prudent Management of Institutional Funds Act|Section 17-7-305 - Delegation of Management and Investment Functions.

17-7-305. Delegation of management and investment functions.| (a) Subject to any specific limitation set forth in a gift instrument or in law other than this act, an institution may delegate to an external agent the management and investment of an institutional fund to the extent that an institution could prudently delegate under the circumstances. An institution shall act in good faith, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, in:  (i) Selecting an agent;  (ii) Establishing the scope and terms of the delegation, consistent with the purposes of the institution and the institutional fund; and  (iii) Periodically reviewing the agent's actions in order to monitor the agent's performance and compliance with the scope and terms of the delegation.  (b) In performing a delegated function, an agent owes a duty to the institution to exercise reasonable care to comply with the scope and terms of the delegation.  (c) An institution that complies with subsection (a) of this section is not liable for the decisions or actions of an agent to which the function was delegated.  (d) By accepting delegation of a management or investment function from an institution that is subject to the laws of this state, an agent submits to the jurisdiction of the courts of this state in all proceedings arising from or related to the delegation or the performance of the delegated function.  (e) An institution may delegate management and investment functions to its committees, officers or employees as authorized by law of this state other than this act.
WY Stat § 17-7-306 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 7 - Charitable, Educational, Religious and Other Societies|Article 3 - Uniform Prudent Management of Institutional Funds Act|Section 17-7-306 - Release or Modification of Restrictions on Management, Investment or Purpose.

17-7-306. Release or modification of restrictions on management, investment or purpose.| (a) If the donor consents in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment or purpose of an institutional fund. A release or modification may not allow a fund to be used for a purpose other than a charitable purpose of the institution.  (b) The court upon application of an institution, may modify a restriction contained in a gift instrument regarding the management or investment of an institutional fund if the restriction has become impracticable or wasteful, if it impairs the management or investment of the fund, or if, because of circumstances not anticipated by the donor, a modification of a restriction will further the purposes of the fund. If the institution is a governmental institution as defined by W.S. 17-7-302(a)(iv), the institution shall notify the attorney general of the application, and the attorney general shall be given an opportunity to be heard. To the extent practicable, any modification shall be made in accordance with the donor's probable intention.  (c) If a particular charitable purpose or a restriction contained in a gift instrument on the use of an institutional fund becomes unlawful, impracticable, impossible to achieve or wasteful, the court, upon application of an institution, may modify the purpose of the fund or the restriction on the use of the fund in a manner consistent with the charitable purposes expressed in the gift instrument. If the institution is a governmental institution as defined by W.S. 17-7-302(a)(iv), the institution shall notify the attorney general of the application, and the attorney general shall be given an opportunity to be heard.  (d) If an institution determines that a restriction contained in a gift instrument on the management, investment or purposes of an institutional fund is unlawful, impracticable, impossible to achieve or wasteful, the institution, not less than sixty (60) days after notification to the attorney general, may release or modify the restriction, in whole or part, if:  (i) The institutional fund subject to the restriction has a total value of less than twenty-five thousand dollars ($25,000.00);  (ii) More than twenty (20) years have elapsed since the fund was established; and  (iii) The institution uses the property in a manner consistent with the charitable purposes expressed in the gift instrument.
WY Stat § 17-7-307 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 7 - Charitable, Educational, Religious and Other Societies|Article 3 - Uniform Prudent Management of Institutional Funds Act|Section 17-7-307 - Reviewing Compliance.

17-7-307. Reviewing compliance.| Compliance with this act shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken.
WY Stat § 17-10-101 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-101 - Purpose of Chapter.

17-10-101. Purpose of chapter.| In order to promote, foster, and encourage the intelligent and orderly marketing of agricultural products through cooperation, and to eliminate speculation and waste; and to make the distribution of agricultural products as direct as can be efficiently done between producer and consumer; and to stabilize the marketing problems of agricultural products, this act is passed.
WY Stat § 17-10-102 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-102 - Definitions; Associations Deemed Nonprofit; Short Title.

17-10-102. Definitions; associations deemed nonprofit; short title.| (a) The term "agricultural products" shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products.  (b) The term "member" shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock.  (c) The term "association" or "cooperative" means any corporation organized under this act.  (d) The term "person" shall include individuals, firms, partnerships, corporations and associations.  (e) Associations organized hereunder shall be deemed nonprofit, inasmuch as they are not organized to make profits for themselves, as such, or for their members as such, but only for their members as producers.  (f) This act shall be referred to as the "Cooperative Marketing Act".
WY Stat § 17-10-103 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-103 - Formation.

17-10-103. Formation.| Five (5) or more persons, qualified electors of the state of Wyoming, engaged in the production of agricultural products may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this act.
WY Stat § 17-10-104 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-104 - Purposes.

17-10-104. Purposes.| An association may be organized to engage in any activity in connection with the marketing or selling of the agricultural products of its members, or with the harvesting, preserving, drying, processing, canning, packing, storing, handling, shipping, or utilization thereof, of the manufacturing or marketing of the by-products thereof; or in connection with the manufacturing, selling, or supplying to its members of machinery, equipment, or supplies; or in the financing of the above enumerated activities; or in any one (1) or more of the activities specified herein.
WY Stat § 17-10-105 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-105 - Certificate of Incorporation; Execution and Contents.

17-10-105. Certificate of incorporation; execution and contents.| (a) The incorporators shall sign and acknowledge, in the manner required for the signing and acknowledgment of deeds, a certificate of incorporation showing the following facts:  (i) The name of the cooperative;  (ii) The purpose of the cooperative;  (iii)(A) If organized without capital stock, whether the property rights of each member shall be equal or unequal; and if unequal, the articles shall set forth the general rule or rules applicable to all members by which the property rights and interests, respectively, of each member shall be determined and fixed; and the association shall have the power to admit new members who shall be entitled to share in the property of the association with the old members, in accordance with such general rule or rules. This provision of the articles of incorporation shall not be altered, amended, or repealed except by the written consent or the affirmative vote of three-fourths of the members;  (B) If organized with capital stock, the amount of such stock, the number of shares into which the capital stock is divided, and the par value of each share shall be given.  (iv) The period of duration for the cooperative, if the duration is not to be perpetual;  (v) The number of directors, not less than five (5) and the names of those who shall manage the concerns of the corporation for the first corporate year;  (vi) The name of the town or post office and the county where the principal office or place of business of the corporation shall be located;  (vii) Any further provisions, not inconsistent with law, which the incorporators may deem expedient to be embodied in such certificate.
WY Stat § 17-10-106 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-106 - Certificate of Incorporation; Filing; Fees; Commencement of Corporate Existence.

17-10-106. Certificate of incorporation; filing; fees; commencement of corporate existence.| The certificate of incorporation shall be filed in the office of the secretary of state. The fees for filing or recording such certificate shall be the same as in the case of corporations formed under the general corporation laws. The corporation shall come into existence upon the filing of its certificate in the office of the secretary of state.
WY Stat § 17-10-107 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-107 - Certificate of Incorporation; Amendment.

17-10-107. Certificate of incorporation; amendment.| The certificate of incorporation of any association organized under this act or which may elect to come under the provisions of this act may be amended in the following manner: the board of directors, by majority vote of its members, may pass a resolution setting forth the full text of the proposed amendment and also the full text of such section or sections as may be altered or repealed by such amendments. Upon such action by the board of directors, notice shall be mailed to each and every member containing a copy of the resolution so adopted, the full text of the proposed amendment and also the full text of such section or sections as will be altered or repealed by such amendment. Such notice shall also designate the time, not less than twenty (20) days from the mailing of such notice, and place of the meeting at which such proposed amendment shall be considered and voted upon. If a quorum of the members is registered as being present or represented by mail votes at such meeting, a majority of the members so present or represented by mail votes may adopt or reject such proposed amendment; provided that no amendment may be adopted inconsistent with W.S. 17-10-104. Such amendments shall be put into effect by the directors, who shall sign and acknowledge and file, as above provided by the general corporation law of this state, new or revised certificates containing such amendments and superseding the original certificate.
WY Stat § 17-10-108 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-108 - Applicability of General Corporation Law Relative to Notice for Service of Process.

17-10-108. Applicability of general corporation law relative to notice for service of process.| Public notice of the filing of the original certificate and of all amended certificates shall be given in like manner as that required in the case of corporations formed under the general corporation law. The corporation shall also designate an agent and office for the service of papers and processes as required by the general corporation law.
WY Stat § 17-10-109 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-109 - Powers.

17-10-109. Powers.| (a) Each cooperative formed under the provisions of this article shall have power:  (i) To have succession by its corporate name for the period limited in its certificate;  (ii) To sue and be sued, complain and defend in any court;  (iii) To establish and use a common seal and alter the same;  (iv) To hold, purchase and convey such real and personal property as the purpose of the corporation may require, including stock or membership in subsidiary, allied or similar cooperative corporations within or without this state;  (v) To appoint such officers and agents as the business may require, including in every case, a president and a secretary, and to fix their compensation;  (vi) To make bylaws not inconsistent with law for the management of its property, the regulation of its business and the transfer of its stock or membership;  (vii) To engage in any activity in connection with producing, marketing, selling, preserving, drying, processing, canning, packing, handling, storing or utilization of any agricultural products of its members; or the manufacturing or marketing of the by-products thereof; or in connection with the purchase, hiring or use by its members of supplies, machinery or equipment, or in the financing of such activities, or in any one (1) or more of the activities specified in this paragraph;  (viii) To borrow money and to make advances to members upon products of members in the hands of the association;  (ix) To act as agent or representative of any member or members in any of the activities mentioned in paragraphs (vii) and (viii) of this subsection;  (x) To purchase or otherwise acquire, and to hold, own and exercise all rights of ownership in, and to sell, transfer or pledge shares of the capital stock or bonds, or memberships of any corporation or association organized under this act;  (xi) To establish reserves and invest the funds thereof in bonds or such other property as may be provided in the bylaws;  (xii) To do each and everything necessary, suitable or proper for the accomplishment of any one (1) of the purposes or the attainment of any one (1) or more of the objects herein enumerated; and to contract accordingly; and in addition to exercise and possess all powers, rights and privileges necessary or incidental to the purposes for which the association is organized or to the activities in which it is engaged; and in addition any other rights, powers and privileges granted by the laws of this state to ordinary corporations, except such as are inconsistent with the express provisions of this act; and to do any such things anywhere.
WY Stat § 17-10-110 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-110 - Members and Stock Generally.

17-10-110. Members and stock generally.| (a) When a member of an association established without capital stock has paid his membership fee in full, he shall receive a certificate of membership.  (b) No association shall issue stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note, but such retention of security shall not affect the members' right to vote.  (c) Except for debts lawfully contracted between him and the association, no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.  (d) No stockholder of a cooperative association shall hold more than twenty percent (20%) of the common stock of the association; and the association, in its bylaws, may limit the amount of common stock which one (1) member may own to any amount less than twenty percent (20%) of the common stock.  (e) No member or stockholder shall be entitled to more than one (1) vote.  (f) The bylaws shall prohibit the transfer of the common stock or membership of the association to persons not engaged in the production of the agricultural products handled by the association, and such restrictions must be printed upon every certificate of stock or membership certificate subject thereto.  (g) Any association organized with stock under this act may issue preferred stock, without the right to vote, and bearing a rate of interest not to exceed eight percent (8%). Such stock may be redeemable or retireable by the association on such terms and conditions as may be provided for by the certificate of incorporation and printed on the face of the certificate.
WY Stat § 17-10-111 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-111 - Management by Board of Directors; Composition and Election of Board; Terms of Office.

17-10-111. Management by board of directors; composition and election of board; terms of office.| The stock, property and concerns of such corporation shall be managed by the board of directors who shall be respectively members, stockholders or subscribers for stock and who shall, after the first corporate year, be annually elected by the members or stockholders at such time and place as shall be provided by the bylaws. The bylaws may provide that the directors be elected for staggered terms not to exceed three (3) years. Directors shall hold office until their successors have been elected and qualified. The bylaws may provide that the territory in which the association has members shall be divided into districts, and the directors shall be elected according to such districts. In such case the bylaws shall specify the number of directors to be elected by each district, the manner and method of reapportioning the directors and redistricting the territory covered by the association. The bylaws may provide that primary elections should be held in each district to elect the directors apportioned to such district, and the result of all such primary elections must be ratified by the next regular meeting of the association.
WY Stat § 17-10-112 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-112 - Regular Meetings; Calling of Special Meetings; Notice of Meetings.

17-10-112. Regular meetings; calling of special meetings; notice of meetings.| In its bylaws each association shall provide for one (1) or more regular meetings annually. The board of directors shall have the right to call a special meeting at any time, and ten percent (10%) of the members or stockholders may file a petition stating the specific business to be brought before the association, and demand a special meeting at any time. Such meeting must thereupon be called by the board of directors. Notice of all meetings, together with a statement of the purposes thereof, shall be mailed to each member at least twenty (20) days prior to the meeting. Provided, however, that the bylaws may require instead that such notice may be given by publication in a newspaper of general circulation, published at the principal place of business of the association. Date of publication of such meeting is to be at least twenty (20) days before the date of such meeting.
WY Stat § 17-10-113 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-113 - Removal of Officers or Directors.

17-10-113. Removal of officers or directors.| (a) Any member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition signed by ten percent (10%) of the members, requesting the removal of the officer or director in question. The removal shall be voted upon at the next regular or special meeting of the association, and by a vote of a majority of the members of the association, the association may remove the officer or director and fill the vacancy. The director or officer against whom such charges have been brought shall be informed in writing of the charges previous to the meeting, and shall have an opportunity at the meeting, to be heard in person or by counsel, and to present witnesses; and the person or persons bringing the charges against him shall have the same opportunity.  (b) In case the bylaws provide for the election of directors by districts, with primary elections in each district, then the petition for the removal of a director must be signed by twenty percent (20%) of the members residing in the district from which he was elected. The board of directors must call a special meeting of the members residing in that district to consider the removal of the director. By a vote of the majority of the members of that district, the director in question shall be removed from office.
WY Stat § 17-10-114 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 1 - In General|Section 17-10-114 - Liability of Directors for Excess of Indebtedness Over Assets or Capital.

17-10-114. Liability of directors for excess of indebtedness over assets or capital.| 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.