Wyoming Statutes
§ 17-16-1116 — Effect of conversion
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 11 MERGER, SHARE EXCHANGE, CONSOLIDATION AND
(a)Upon conversion:
(i)All property owned by the corporation remains in
the limited liability company;
(ii)All obligations of the converting corporation
continue as obligations of the resulting limited liability
company; and
(iii)An action or proceeding pending against the
converting corporation may be continued as if the conversion had
not occurred.
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Nearby Sections
15
§ 17-16-1001
Authority to amend§ 17-16-1002
Amendment before issuance of shares§ 17-16-1003
Amendment by board of directors and
shareholders§ 17-16-1004
Voting on amendments by voting groups§ 17-16-1005
Amendment by board of directors§ 17-16-1006
Articles of amendment§ 17-16-1007
Restated articles of incorporation§ 17-16-1009
Effect of amendment§ 17-16-101
Short title§ 17-16-1020
Amendment by board of directors or
shareholders§ 17-16-1101
(Reserved)