§ 17-16-1116 — Effect of conversion

Wyoming § 17-16-1116

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 11: MERGER, SHARE EXCHANGE, CONSOLIDATION AND

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(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.