Wyoming Statement of Reduction of Capital of a Corporation
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How to fill out Statement Of Reduction Of Capital Of A Corporation?
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FAQ
Wyoming corporations are legal entities that are completely separate, and distinct, from their owners. There are many similar rights and responsibilities to individuals that corporations enjoy. This includes entering contracts, loaning and borrowing money, suing, hiring employees, owning assets, and paying taxes.
In Wyoming, the Series LLC is established by statute. The statute provides that the Series shall have the power and capacity to contract, hold title to assets and have separate rights with respect to the asset, and can hold the Series in the name of the Series or in the name of the limited liability company.
Wyoming Sunshine Law The Wyoming Sunshine Lawis a series of laws designed to guarantee that the public has access to public records of government bodies at all levels.
Dissolving a corporation in Wyoming can go one of two ways: Don't file your next annual report and let the Wyoming Secretary of State administratively dissolve your corporation. File Articles of Dissolution with the Wyoming Secretary of State.
17-16-401. Corporate name. (c) A corporation may apply to the secretary of state for authorization to use a name that is not distinguishable upon the secretary of state's records from one (1) or more of the names described in subsection (b) of this section.
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.
Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.