Wyoming § 1-31-121 - Judgment against corporations; penalty for failure to deliver items to trustees; enforcement of delivery; liability to trustees.
Full text of Wyoming Wyoming Statutes Annotated § 1-31-121 — Judgment against corporations; penalty for failure to deliver items to trustees; enforcement of delivery; liability to trustees., with citation guidance and answers to common questions.
§ 1-31-121. Judgment against corporations; penalty for failure to deliver items to trustees; enforcement of delivery; liability to trustees.
An officer of a corporation who refuses or neglects to deliver any money or other thing pursuant to such demand is guilty of contempt of court and shall be fined not exceeding ten thousand dollars ($10,000.00) and imprisoned in the county jail until he complies with the order of the court or is otherwise discharged by law. He is liable to the trustees for the value of all money or other things refused or neglected to be surrendered, together with all damages that are sustained by the stockholders and creditors of the corporation in consequence of the neglect or refusal.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 1-31-121
What does Wyoming Statutes Annotated § 1-31-121 cover?
Section 1-31-121 ("Judgment against corporations; penalty for failure to deliver items to trustees; enforcement of delivery; liability to trustees.") 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 § 1-31-121?
A common citation format is "Wyoming Statutes Annotated § 1-31-121" (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 § 1-31-121 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.