Wyoming § 1-31-118 - Judgment against corporations; corporation to be ousted and dissolved.
Full text of Wyoming Wyoming Statutes Annotated § 1-31-118 — Judgment against corporations; corporation to be ousted and dissolved., with citation guidance and answers to common questions.
§ 1-31-118. Judgment against corporations; corporation to be ousted and dissolved.
When it is found that a corporation has, by an act done or omitted, surrendered or forfeited its corporate rights, privileges and franchises or has not used the same for five (5) years, judgment shall be entered that it be ousted and excluded therefrom, and that it be dissolved. When it is found and adjudged that a corporation has offended in any matter or manner which does not work a surrender or forfeiture, or has misused a franchise or exercised a power not conferred by law, judgment shall be entered that it be ousted from the continuance of the offense or exercise of the power.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 1-31-118
What does Wyoming Statutes Annotated § 1-31-118 cover?
Section 1-31-118 ("Judgment against corporations; corporation to be ousted and dissolved.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 1-31-118?
A common citation format is "Wyoming Statutes Annotated § 1-31-118" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 1-31-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.