Wyoming legislation · 2026 Budget Session
Wyoming HB125: Business entity forced dissolution for fraud.
Status: Failed, February 10, 2026
AN ACT relating to corporations, partnerships and associations; providing for administrative dissolution of or revocation of certificate of authority for corporations, limited liability companies and statutory foundations as specified; and providing for an effective date.
What the bill says
An act relating to corporations, partnerships and associations; providing for administrative dissolution of or revocation of certificate of authority for corporations, limited liability companies and statutory foundations as specified; and providing for an effective date.
From the introduced text, February 9, 2026:
AN ACT relating to corporations, partnerships and associations; providing for administrative dissolution of or revocation of certificate of authority for corporations, limited liability companies and statutory foundations 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)(D), (E) and by creating a new subparagraph (F), 17-16-1530(a)(viii)(C), (D) and by creating a new subparagraph (E), 17-19-1420(a)(v)(C), (D) and by creating a new subparagraph (E), 17-19-1530(a)(vii)(C), (D) and by creating a new subparagraph (E), 17-29-705(c)(iii)(D), (E) and by creating HB0125 2026 STATE OF WYOMING 26LSO-0462 a new subparagraph (F) and 17-30-904(h)(iii)(D), (E) and by creating a new subparagraph (F) 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: (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; or (E) Has provided false or fraudulent information to the registered agent, …
Sponsors
- Joel Guggenmos (R, H55)
- Paul Hoeft (R, H25)
- Ann Lucas (R, H43) · primary sponsor
- McCann, Darin (R, H48)
- Pepper Ottman (R, H34)
- Scott Smith (R, H05)
- Pearson, Laura (R, S14)
Latest actions
- : H Failed Introduction 33-28-1-0-0
- : H Received for Introduction
- : Bill Number Assigned
Votes
- H Failed Introduction 33-28-1-0-0 (February 10, 2026): 33 yea, 28 nay, failed
Subjects: Business entity forced dissolution for fraud.
Common questions
- What is HB125?
- HB125 is a bill in the Wyoming Legislature (2026 Budget Session): Business entity forced dissolution for fraud.
- What does HB125 do?
- In its own words: An act relating to corporations, partnerships and associations; providing for administrative dissolution of or revocation of certificate of authority for corporations, limited liability companies and statutory foundations as specified; and providing for an effective date.
- What is the status of HB125?
- Failed as of February 10, 2026. Latest action: H Failed Introduction 33-28-1-0-0 (February 10, 2026).
- Who sponsored HB125?
- Ann Lucas (R, H43), with 6 co-sponsors.
- Where is the official record for HB125?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2026/HB0125
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.