The bill amends existing laws regarding the effective date of documents filed for nonprofit corporations and statutory trusts in Wyoming. Specifically, it modifies W.S. 17-19-123(a) and 17-23-118(a) to clarify that a document accepted for filing is effective at the time it is "received for filing," rather than on the date it is filed, as previously stated. This change aims to streamline the process and provide clarity on when documents take effect.

Additionally, the bill introduces a reference to W.S. 17-19-124(c) in the effective date provisions, ensuring that the new language aligns with other relevant statutes. The act is set to take effect on July 1, 2025, allowing time for the necessary adjustments to be made in the filing process for nonprofit corporations and statutory trusts.

Statutes affected:
Introduced: 17-19-123, 17-23-118