Wyoming § 17-29-111 Operating agreement; effect on limited
liability company and persons becoming members; preformation
agreement

Wyoming Statutes

§ 17-29-111 — Operating agreement; effect on limited liability company and persons becoming members; preformation agreement

Wyoming § 17-29-111

Title 17Corporations, Partnerships and Associations

Ch. 29WYOMING LIMITED LIABILITY COMPANY ACT

Art. 1GENERAL PROVISIONS

This text of Wyoming § 17-29-111 (Operating agreement; effect on limited liability company and persons becoming members; preformation agreement) 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. § 17-29-111 (2026).

Text

(a)A limited liability company is bound by and may enforce the operating agreement, whether or not the company has itself manifested assent to the operating agreement.

(b)A person that becomes a member of a limited liability company is deemed to assent to the operating agreement.

(c)Two (2) or more persons intending to become the initial members of a limited liability company may make an agreement providing that upon the formation of the company the agreement will become the operating agreement. One (1) person intending to become the initial member of a limited liability company may assent to terms providing that upon the formation of the company the terms will become the operating agreement.

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(a) A limited liability company is bound by and may
enforce the operating agreement, whether or not the company has
itself manifested assent to the operating agreement.
(b) A person that becomes a member of a limited liability
company is deemed to assent to the operating agreement.
(c) Two (2) or more persons intending to become the
initial members of a limited liability company may make an
agreement providing that upon the formation of the company the
agreement will become the operating agreement. One (1) person
intending to become the initial member of a limited liability
company may assent to terms providing that upon the formation of
the company the terms will become the operating agreement.