Wyoming Clause Addressing Obligations to Comply with Laws Orders and Regulations Oppressive Approach

State:
Multi-State
Control #:
US-OL13032B
Format:
Word; 
PDF
Instant download

Description

This office lease clause describes the oppressive approach in addressing the obligations under which the tenant and the landlord must comply with all laws, orders and regulations of federal, state, county and municipal authorities and with any direction of any public officer or officers, pursuant to law, and all rules, orders, regulations or requirements.

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FAQ

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.

The Close LLC is designed with small businesses in mind. The Wyoming LLC Act allows close companies to sidestep onerous formalities while otherwise keeping the benefits of a Wyoming LLC. Generally, the designation is for single-member LLCs and for when members are close to one another, i.e. family and close friends.

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.

Section 2-1-201 - Payment of indebtedness and delivery of tangible personal property or instruments evidencing debt, Wyo. Stat.

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.

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 ...

(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 Clause Addressing Obligations to Comply with Laws Orders and Regulations Oppressive Approach