Wyoming2026Did Not Pass
HB0152
Rules for Dissolving Limited Liability Companies
Last scannedOct 13, 2026, 2:19 AM
In one sentence
The bill sets rules about when a limited liability company can be dissolved and what happens if someone tries to dissolve it unfairly.
What it does
- Adds new rules that say if someone tries to end a limited liability company without good reason, they might have to pay money for the costs of stopping them.
- Says that courts can decide who has to pay legal fees and other costs when there's an unfair attempt to dissolve a company.
Who it affects
- Limited liability companies in Wyoming
- People or groups trying to end limited liability companies
Limits and unknowns
- It is unclear how often these new rules will be used.
- The bill did not pass and was not considered further in this session.
Plain language
Terms to know
- Dissolution
- The process of ending a company and dealing with its remaining assets.
- Bad faith
- When someone acts dishonestly or unfairly, not for the right reasons.
Official record
Sources
Official activity
Bill history
- H Did not Consider for IntroductionHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO