Loading chat...

WY HB0125

Bill

Status

Failed

2/10/2026

Primary Sponsor

Ann Lucas

Click for details

Origin

House of Representatives

2026 Budget Session

AI Summary

  • Wyoming Secretary of State gains authority to administratively dissolve or revoke certificates of authority for corporations, LLCs, and statutory foundations when a board member has been convicted of or found civilly liable for fraud under federal or state law

  • Applies to domestic corporations, foreign corporations authorized to do business in Wyoming, nonprofit corporations, limited liability companies, and statutory foundations

  • Adds fraud conviction/civil liability as a new ground for dissolution when it is in the public interest, alongside existing grounds including foreign adversary ownership and providing false information to registered agents

  • Effective date: July 1, 2026

Legislative Description

Business entity forced dissolution for fraud.

Last Action

Failed Introduction 33-28-1-0-0

2/10/2026

Full Bill Text

No bill text available