Wyoming Notice of Capital Call Request to Member, Unpaid Contribution of Member, and Possibility of Dilution of Membership Interest for Failure to Make such Contribution

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US-02535BG
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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

A Wyoming Close Limited Liability Company is similar to a regular Limited Liability Company; however, it is designed for closely held businesses.

The Close Limited Liability Company Supplement, articles of organization, and operating agreement of a close limited liability company may restrict transfer of ownership interests, withdrawal or resignation from the company, return of capital contributions and dissolution of the company.?

Section 17-29-701 - Events causing dissolution (a) A limited liability company is dissolved, and its activities must be wound up, upon the occurrence of any of the following: (i) An event or circumstance that the operating agreement or articles of organization states causes dissolution; (ii) The consent of all the ...

Wyoming LLC Taxes Wyoming companies have no state tax returns to file. Beyond this benefit, Limited liability companies in general have the most flexibility in determining how they will be taxed. They are taxed as pass through entities by default, but can choose corporate taxation as well if desired.

Wyoming laws on close corps allow small corporations to forego many traditional corporate formalities, while still enjoying the benefits. A departure from regular business corporations, Close Corporations do not require a board of directors, this means ongoing operations generate less paperwork.

Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.

CLOSE LLC. The main difference between a regular LLC and a Close LLC is the restriction on the selling of a member's shares. A member must offer to sell his/her shares to the other member(s) of the Close LLC before they can be sold to anyone else. Also, all members must approve of the sale of shares.

(a) One (1) or more persons may act as organizers to form a limited liability company by signing and delivering to the secretary of state for filing articles of organization. (iii) Reserved. (c) The articles of organization shall be accompanied by a written consent to appointment signed by the registered agent.

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Wyoming Notice of Capital Call Request to Member, Unpaid Contribution of Member, and Possibility of Dilution of Membership Interest for Failure to Make such Contribution