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This chapter may be cited as the "Wyoming Limited Liability Company Act". 17-29-102. Definitions. (C) In the person's capacity as a member and in ance with the operating agreement or an agreement between the member and the company.
Wyoming revolutionized how small businesses are formed and operated when it passed a law creating the limited liability company, or LLC, back in 1977. Today, this is the most popular form of incorporation for all sorts of businesses. However, when the law was first passed, it wasn't widely accepted.
How to Form a Wyoming LP Wyoming doesn't have online filings for LPs, so you must complete the on the Wyoming Secretary of State's website, the LLC filing online is instant. ... Complete Consent to Appointment by Registered Agent. ... Submit the Certificate of Limited Partnership.
If you want to make certain your LLC name will be accepted, you can reserve the name in advance by submitting a Wyoming LLC Application for Reservation of Name. This form must be submitted by mail, along with a $60 filing fee. Reserving your business name gives you exclusive rights to the name for 120 days.
Section 17-29-407 - Management of limited liability company (a) A limited liability company is a member-managed limited liability company unless the articles of organization or the operating agreement: (i) Expressly provides that: (A) The company is or will be "manager-managed"; (B) The company is or will be "managed ...
Your Series LLC's name must include an indicator like ?LLC? or ?Limited Liability Company.? It also must be unique within the state of Wyoming. A free business search is available on the Wyoming Secretary of State website. Keep in mind that each series in your Wyoming Series LLC will begin with your parent LLC's name.
The Wyoming Close LLC does not take away from any of the other LLC Statutes. The Wyoming Close LLC has an ?exclusive? remedy of a charging order against a members interests. The Wyoming Close LLC restricts the ease of transferring membership interests, thus making it more protective for the members.
What are the LLC formation requirements in Wyoming? Choose a valid business name. Select a registered agent with a physical address within Wyoming. Draft an operating agreement (not required by Wyoming law, but recommended) File your articles of organization with the Wyoming Secretary of State and pay the $100 filing fee.