A statutory foundation has the capacity to sue and be sued in its own name and has the power to take all actions necessary or convenient to carry on the activities of the foundation.
Wyo. Stat. Ann. § 17-30-203
Powers of a statutory foundation
Known as the Wyoming Statutory Foundation Act
The act spans §§ 17-30-1001 to 17-30-906 (46 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.