Most Wyoming HOAs are nonprofit corporations, so governance follows the Wyoming Nonprofit Corporation Act, Wyo. Stat. ch. 17-19. Members may inspect records on five business days' notice (§ 17-19-1602), an annual meeting is required (§ 17-19-701), 5% may demand a special meeting (§ 17-19-702), and boards need three-plus directors (§ 17-19-803). No open-meeting mandate.
An HOA organized as a nonprofit corporation is governed by the Wyoming Nonprofit Corporation Act, Wyo. Stat. ch. 17-19. The corporation must keep permanent minutes of all member and board meetings and a current member list (§ 17-19-1601). Under § 17-19-1602(a), a member 'is entitled to inspect and copy' the listed records 'if the member gives the corporation written notice or a written demand at least five (5) business days before' inspection; accounting records and the membership list require a good-faith demand for a proper purpose (§ 17-19-1602(b)-(c)). A corporation with members must hold an annual meeting (§ 17-19-701), and holders of at least five percent (5%) of voting power may demand a special meeting (§ 17-19-702). The board needs at least three directors (§ 17-19-803); terms may not exceed five years (§ 17-19-805); and members may remove directors they elected without cause (§ 17-19-808). The Act imposes no open-board-meeting requirement.
No specific statutory penalty. If a corporation refuses a proper records inspection under Wyo. Stat. § 17-19-1602 or ignores the meeting rules in § 17-19-701 to 17-19-703, a member's recourse is to demand compliance and, if needed, seek a court order - including a court-ordered meeting under § 17-19-703 or court-ordered inspection under § 17-19-1604. The Act sets no fine for noncompliance.
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