011-14 Wyo. Code R. §§ 14-15 - Charitable Society of Association - W.S.39-11-105(a)(xli)
(a) "Charity" is a
gift for the benefit of an indefinite number of persons in Wyoming, by bringing
their minds or hearts under the influence of education or religion, by
relieving their bodies from disease, suffering or constraint, by assisting them
to establish themselves in life, or by erecting or maintaining public buildings
or works. The fundamental basis for this exemption is the benefit conferred
upon the public, and the consequent relief, to some extent, of the burden upon
the state to care and advance the interest of its citizens.
(b) The property shall not be used for
investment purposes as defined in Section
23 of this chapter.
(c) The property must be used directly for
the operation of the charity, which would directly benefit the people of this
state.
Notes
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