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WY HB0125
Bill
Status
2/10/2026
Primary Sponsor
Ann Lucas
Click for details
AI Summary
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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
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Applies to domestic corporations, foreign corporations authorized to do business in Wyoming, nonprofit corporations, limited liability companies, and statutory foundations
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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
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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