Wyoming Statutes
§ 17-25-103 — Definition and election of close limited liability company status
Wyoming § 17-25-103
JurisdictionWyoming
Title 17Corporations, Partnerships and Associations
Ch. 25CLOSE LIMITED LIABILITY COMPANY SUPPLEMENT
This text of Wyoming § 17-25-103 (Definition and election of close limited liability company status) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wyo. Stat. Ann. § 17-25-103 (2026).
Text
(a)A close limited liability company is a limited
liability company whose articles of organization contain a
statement that the company is a close limited liability company.
(b)A limited liability company formed under W.S.
17-29-101 through 17-29-1102 may convert to a close limited
liability company by amending its articles of organization to
include the statement required by subsection (a) of this
section.
(c)A statement in substantially the following form shall
appear conspicuously in the operating agreement and on any
certificates of ownership in a close limited liability company:
NOTICE OF RESTRICTIONS ON TRANSFERS AND WITHDRAWALS
The rights of members in a close limited liability company may
differ materially from the rights of members in other limited
liability companies. The Clos
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Nearby Sections
11
§ 17-25-101
Short title§ 17-25-104
Formation§ 17-25-105
Articles of organization§ 17-25-106
Management§ 17-25-108
Dissolution§ 17-25-109
Repealed By Laws 2010, Ch. 94, § 3§ 17-25-110
Sharing of profits and losses; distributions§ 17-25-111
Transferability of interestCite This Page — Counsel Stack
Bluebook (online)
Wyoming § 17-25-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/25/17-25-103.