§ 17-29-1103 — Application to existing domestic limited liability companies

(a) Except as provided in subsection (b) of this section,
this chapter applies to domestic limited liability companies in
existence on July 1, 2010 that were organized under any general
statute of this state providing for organization of limited
liability companies.
(b) For limited liability companies organized in Wyoming
prior to the effective date of this chapter, the management
provisions contained in former W.S. 17-15-116, the division of
profits provisions contained in former W.S. 17-15-119, the
distribution of assets upon dissolution provisions contained in
former W.S. 17-15-126 and the stated term provisions contained
in former W.S. 17-15-107(a)(ii) are continued for a period of
four (4) years from the effective date of this chapter unless
the limited liability company amends its articles of
organization to provide otherwise.