HB0069

Bill Summary - 25LSO-0116 Bill No.: HB0069 Effective: 7/1/2025 LSO No.: 25LSO-0116 Enrolled Act No.: HEA No. 0009 Chapter No.: 7 Prime Sponsor: Joint Corporations, Elections & Political Subdivisions Interim Committee Catch Title: Foreign adversary ownership or control of business entities. Has Report: No Subject: Administrative dissolution of entities under the ownership or control of a foreign adversary. Summary/Major Elements: Current law provides a process for the Secretary of State to administratively dissolve corporations, partnerships and associations for various reasons. This bill adds a new cause for the Secretary of State to administratively dissolve corporations, partnerships and associations if the entity is owned or controlled by a foreign government or foreign nongovernment person determined to be a foreign adversary. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.