This bill amends existing laws related to the administrative dissolution, revocation, and forfeiture of corporations, partnerships, and associations in Wyoming. It introduces new grounds for these actions, specifically addressing the provision of false or fraudulent information to registered agents. The amendments include the addition of new subparagraphs in various sections of the law, which state that a corporation or limited liability company may be administratively dissolved or have its authority revoked if it has provided false or fraudulent information to its registered agent, as determined by the Secretary of State during examinations of records or following notifications from the registered agent.

The bill also removes certain language that previously allowed for dissolution or revocation based on the inability to serve the corporation or limited liability company at its registered address. The effective date for these changes is set for July 1, 2025. Overall, the bill aims to enhance the integrity of business practices in Wyoming by holding entities accountable for providing accurate information to their registered agents.

Statutes affected:
Draft 25LSO-0115: 17-16-1420, 17-16-1530, 17-19-1530, 17-29-705, 17-30-904