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2018 Wyoming Statutes
TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
CHAPTER 11 - INDUSTRIAL CORPORATIONS
SECTION 17-11-111 - Determination of net earnings and surplus.
Universal Citation:
WY Stat § 17-11-111 (2018)
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17-11-111. Determination of net earnings and surplus.
Net earnings and surplus shall be determined by the board of directors, after providing for such reserves as said directors deem desirable, and the determination of the directors made in good faith shall be conclusive on all persons.
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