Wyoming § 40-3-119 - Receiver's power to acquire and dispose of property.
Full text of Wyoming Wyoming Statutes Annotated § 40-3-119 — Receiver's power to acquire and dispose of property., with citation guidance and answers to common questions.
§ 40-3-119. Receiver's power to acquire and dispose of property.
Any receiver appointed pursuant to W.S. 40-3-118 has the power to sue for, collect, receive and take into his possession all the goods and chattels, rights and credits, monies and effects, land and tenements, books, records, documents, papers, choses in action, bills, notes and property of every description derived in violation of this act by any multilevel distribution company or any distributor in any multilevel distribution marketing plan sponsored by such company, including property which has been commingled with company or distributor property, if it cannot be identified in kind because of such commingling, and to sell, convey and assign the same and hold and dispose of the proceeds thereof under the direction of the court.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 40-3-119
What does Wyoming Statutes Annotated § 40-3-119 cover?
Section 40-3-119 ("Receiver's power to acquire and dispose of property.") 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 § 40-3-119?
A common citation format is "Wyoming Statutes Annotated § 40-3-119" (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 § 40-3-119 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.