ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
1
AN ACT relating to corporations, partnerships and
associations; amending the grounds for administrative
dissolution, revocation and forfeiture to include foreign
adversary ownership or control as specified; and providing
for an effective date.
Be It Enacted by the Legislature of the State of Wyoming:
Section 1. W.S. 17-16-1420(a)(vi)(B), (C) and by
creating a new subparagraph (D), 17-16-1530(a)(viii)(A),
(B) and by creating a new subparagraph (C),
17-19-1420(a)(v)(A), (B) and by creating a new subparagraph
(C), 17-19-1530(a)(vii)(A), (B) and by creating a new
subparagraph (C), 17-29-705(c)(iii)(B), (C) and by creating
a new subparagraph (D) and 17-30-904(h)(iii)(C) and by
creating a new subparagraph (D) are amended to read:
17-16-1420. Grounds for administrative dissolution.
(a) The secretary of state may commence a proceeding
under W.S. 17-16-1421 to administratively dissolve a
corporation if any of the following has occurred:
(vi) It is in the public interest and the
corporation:
(B) Has provided fraudulent information or
has failed to correct false information upon request of the
secretary of state on any filing under this act with the
secretary of state; or
(C) Cannot be served by either the
secretary of state or the registered agent at its address
provided pursuant to W.S. 17-28-107;. ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
2 (D) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States.
17-16-1530. Grounds for revocation.
(a) The secretary of state may commence a proceeding
under W.S. 17-16-1531 to revoke the certificate of
authority of a foreign corporation authorized to transact
business in this state if:
(viii) It is in the public interest and the
corporation:
(A) Has provided fraudulent information or
has failed to correct false information upon request of the
secretary of state on any filing under this act with the
secretary of state; or
(B) Cannot be served either by the
registered agent or by mail or electronically by the
secretary of state acting as the agent for process;. or
(C) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States. ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
317-19-1420. Grounds for administrative dissolution.
(a) The secretary of state may commence a proceeding
under W.S. 17-19-1421 to administratively dissolve a
corporation if any of the following has occurred:
(v) It is in the public interest and the
corporation:
(A) Has provided fraudulent information or
has failed to correct false information upon request of the
secretary of state on any filing under this act with the
secretary of state; or
(B) Cannot be served by either the
secretary of state or the registered agent at its address
provided pursuant to W.S. 17-28-107;.
(C) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States.
17-19-1530. Grounds for revocation.
(a) The secretary of state may commence a proceeding
under W.S. 17-19-1531 to revoke the certificate of
authority of a foreign corporation authorized to transact
business in this state if any of the following has
occurred: ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
4(vii) It is in the public interest and the
corporation:
(A) Has provided fraudulent information or
has failed to correct false information upon request of the
secretary of state on any filing with the secretary of
state under this act; or
(B) Cannot be served either by the
registered agent or by mail or electronically by the
secretary of state acting as the agent for process;. or
(C) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States.
17-29-705. Administrative forfeiture of authority and
articles of organization.
(c) A limited liability company shall be deemed to be
transacting business within this state without authority,
to have forfeited any franchises, rights or privileges
acquired under the laws thereof and shall be deemed defunct
and to have forfeited its articles of organization or
certificate of authority acquired under the laws of this
state, and the forfeiture shall be made effective in the
manner provided in subsection (a) of this section, if:
(iii) It is in the public interest and the
limited liability company or any of its members: ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
5 (B) Has provided fraudulent information or
has failed to correct false information upon request of the
secretary of state on any filing with the secretary of
state under this chapter; or
(C) Cannot be served by either the
registered agent or by mail or electronically by the
secretary of state acting as the agent for process;. or
(D) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States.
17-30-904. Administrative forfeiture of authority and
articles of formation.
(h) A statutory foundation shall be deemed to be
operating within this state without authority, to have
forfeited any rights or privileges acquired under the laws
of this state and shall be deemed to have forfeited its
articles of formation filed in this state if:
(iii) The public interest is served by
forfeiture and the statutory foundation, its founder or any
other person authorized to act on behalf of the statutory
foundation:
(C) Cannot be served by either the
registered agent or by the secretary of state acting as the
agent for process;. or ORIGINAL HOUSE
BILL NO. HB0069
ENROLLED ACT NO. 9, HOUSE OF REPRESENTATIVES
SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 GENERAL SESSION
6 (D) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be
a foreign adversary by the United States secretary of
commerce and specified in 15 C.F.R. 791.4(a) or a successor
regulation, except if the ownership or control has been
approved by the committee on foreign investment in the
United States.
Section 2. This act is effective July 1, 2025.
(END)
Speaker of the HousePresident of the SenateGovernorTIME APPROVED: _________DATE APPROVED: _________
I hereby certify that this act originated in the House.
Chief Clerk