(a) A nonprofit association in its name may acquire, hold, encumber or transfer an estate or interest in real and personal property.
(b) A nonprofit association may be a legatee, devisee or beneficiary of a trust or contract.
Real and personal property; nonprofit association as legatee, devisee or beneficiary
Known as the Wyoming Unincorporated Nonprofit Association Act
The act spans §§ 17-22-101 to 17-22-115 (14 sections).
(a) A nonprofit association in its name may acquire, hold, encumber or transfer an estate or interest in real and personal property.
(b) A nonprofit association may be a legatee, devisee or beneficiary of a trust or contract.
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.