Wyoming § 17-29-702 The person shall provide for the claims and
obligations of the series and distribute the assets of the
series as provided in W.S. 17-29-708. Actions taken in
accordance with this subsection shall not affect the liability
of members and shall not impose liability on a liquidating
trustee appointed in accordance with this subsection

Wyoming Statutes

§ 17-29-702 — The person shall provide for the claims and obligations of the series and distribute the assets of the series as provided in W.S. 17-29-708. Actions taken in accordance with this subsection shall not affect the liability of members and shall not impose liability on a liquidating trustee appointed in accordance with this subsection

Wyoming § 17-29-702

Title 17Corporations, Partnerships and Associations

Ch. 29WYOMING LIMITED LIABILITY COMPANY ACT

Art. 2FORMATION, ARTICLES OF ORGANIZATION AND OTHER

This text of Wyoming § 17-29-702 (The person shall provide for the claims and obligations of the series and distribute the assets of the series as provided in W.S. 17-29-708. Actions taken in accordance with this subsection shall not affect the liability of members and shall not impose liability on a liquidating trustee appointed in accordance with this subsection) 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. § 17-29-702 (2026).

Text

Notwithstanding W.S. 17-29-702, the following persons may wind up the affairs of a series:

(i)A manager of the series who has not wrongfully terminated the series;

(ii)If the series has no manager who qualifies under paragraph (i) of this subsection, the members of the series or a person approved by the members;

(iii)The members who own more than fifty (50%) percent of the interests in the profits of the series;

(iv)On application of a member or manager of the series or any personal representative or assignee of the member or manager, and upon cause shown, a court or a liquidating trustee appointed by the court.

(n)A foreign limited liability company doing business in this state and governed by an operating agreement that establishes or provides for the establishment of one (1) or mor

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Notwithstanding W.S. 17-29-702, the following persons may wind
up the affairs of a series:
(i) A manager of the series who has not wrongfully
terminated the series;
(ii) If the series has no manager who qualifies under
paragraph (i) of this subsection, the members of the series or a
person approved by the members;
(iii) The members who own more than fifty (50%)
percent of the interests in the profits of the series;
(iv) On application of a member or manager of the
series or any personal representative or assignee of the member
or manager, and upon cause shown, a court or a liquidating
trustee appointed by the court.
(n) A foreign limited liability company doing business in
this state and governed by an operating agreement that
establishes or provides for the establishment of one (1) or more
designated series of members, managers, transferable interests
or assets shall state the following on its certificate of
authority:
(i) That the operating agreement of the foreign
limited liability company establishes or provides for the
establishment of series having separate rights, powers or duties
with respect to specified property or obligations of the foreign
limited liability company or profits and losses associated with
specified property or obligations;
(ii) If any of the debts, obligations or other
liabilities of any particular series, whether arising in
contract, tort or otherwise, shall be enforceable against the
assets of the particular series only and not against the assets
of the foreign limited liability company generally or any other
series thereof;
(iii) If any of the debts, obligations or other
liabilities of the foreign limited liability company generally
or any other series thereof, whether arising in contract, tort
or otherwise, shall be enforceable against the assets of the
particular series.
(o) The secretary of state shall charge and collect fees
from limited liability companies and foreign limited liability
companies establishing one (1) or more series in the amount of
ten dollars ($10.00) per series designated or established under
this section.