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.
Wyo. Stat. Ann. § 17-10-114
Liability of directors for excess of indebtedness over assets or capital
Known as the Cooperative Marketing Act
The act spans §§ 17-10-101 to 17-10-126 (26 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.