Registered agents-commercial agent registration.

WORKING DRAFT

ORIGINAL SENATE
FILE

NO.
0004

ENROLLED ACT NO. 17, SENATE

SIXTY-FIRST LEGISLATURE OF THE STATE OF WYOMING
2012 BUDGET SESSION

AN ACT relating to
registered agents;

providing for resignation
of commercial registered agents;
providing for continued responsibilities of resigned commercial registered agents;

providing a timeline for renewal of commercial registered agent registration;
providing for
tiered
late fee
s
for renewal of commercial registered agent registration
;
and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.
W.S.
17
‑
28
‑
103(g) and
17
‑
28
‑
106(b) and (c)
are
amended to read:

17
‑
28
‑
103.

Resignation of registered agent.

(g)

Failure of a commercial registered agent to
register pursuant to W.S. 17
‑
28
‑
105

renew registration pursuant to W.S. 17
‑
28
‑
106
shall
not
constitute a resignation of the registered agent pursuant to this section
and

for purposes of administrative dissolution, revocation or forfeiture of the entities represented, but
the registered agent shall remain responsible for all the requirements of this chapter with respect to each entity represented

until a new registered agent is appointed
, the registered agent has resigned in accordance with subsection (a) of this section
or until the entity is administratively dissolved, revoked or
its authority to transact business is
forfeited
.

17
‑
28
‑
106.

Registration requirements.

(b)

Every applicant for registration shall pay a filing fee as set by rule adopted pursuant to this chapter. The fee
, other than the late filing fee provided in subsection (c) of this section,
shall be designed to recover the cost of administering the provisions of this chapter relating to registered agents. If an application is withdrawn or denied, the secretary of state shall retain the entire fee.

(c)

Registration of a commercial registered agent shall be valid for the calendar year of registration and shall expire December 31 of each year
.

subject to
the
following:

(i)

Renewal of registration shall be made by paying the annual registration fee by November
30 of each calendar year;

(ii)

Any
person
acting as a commercial registered agent
who
renews the registration between December 1 and December 31 shall pay a
n additional
late registration fee
equal to the annual filing fee
;

(iii)

Any
person who
acts as a commercial registered agent after the expiration of
his

registration
on December 31 of each year
and wi
l
lfully or by neglect fail
s
to renew such
registration
as provided in this subsection
shall be
acting
in violation of this act.

Renewal of a commercial agent registration after December 31 shall be accomp
anied by a late renewal fee of
five hundred dollar
s
($500.00)
plus
an administrative fee which r
eflects the reasonable costs incurred by the secretary of state for notification of the entities
,
represented by the commercial registered agent
,

classified
as delinquent awaiting administrative dissolution, revocation or forfeiture
of its authority to transact business
as pr
ovided in W.S. 17
‑
2
8
‑
103(f)
;

(iv)

All fees shall be paid in full prior to any reregistration as a commercial registered agent.

Section 2.
Th
is act is effective July 1, 2012
.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

1