This bill amends various statutes 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 several sections, including W.S. 17-16-1420, W.S. 17-16-1530, W.S. 17-19-1420, W.S. 17-19-1530, W.S. 17-29-705, and W.S. 17-30-904. These new provisions allow the Secretary of State to take action if a corporation or entity is found to have provided false or fraudulent information to its registered agent, as determined during examinations of records or following notifications from the registered agent.
Additionally, the bill removes certain existing language that previously allowed for administrative actions based on the inability to serve the corporation or entity at its registered address. The effective date for this act is set for July 1, 2025. Overall, the bill aims to enhance the integrity of business operations 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