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 several sections of the Wyoming Statutes, 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.

The bill also removes certain existing language that previously allowed for administrative actions based on the inability to serve a corporation or entity. Specifically, it deletes references to the inability to serve by the Secretary of State or registered agent, replacing them with the new grounds related to false information. The effective date for this act is set for July 1, 2025.

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