Wyoming Statutes

Wyo. Stat. § 17-16-1501 (2026)

Authority to transact business required.

✓ current as of May 2026
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(a) A foreign corporation may not transact business in
this state until it obtains a certificate of authority from the
secretary of state.

     (b) The following activities, among others, do not
constitute transacting business within the meaning of subsection
(a) of this section:

          (i)   Maintaining, defending or settling any
proceeding;

          (ii) Holding meetings of the board of directors or
shareholders or carrying on other activities concerning internal
corporate affairs;

         (iii)    Maintaining bank accounts;

          (iv) Maintaining offices or agencies for the
transfer, exchange and registration of the corporation's own
securities or maintaining trustees or depositaries with respect
to those securities;

         (v)    Selling through independent contractors;

          (vi) Soliciting or obtaining orders, whether by mail
or through employees or agents or otherwise, if the orders
require acceptance outside this state before they become
contracts;

          (vii) Creating or acquiring indebtedness, mortgages
and security interests in real or personal property;

          (viii) Securing or collecting debts or enforcing
mortgages and security interests in property securing the debts;

         (ix)    Owning, without more, real or personal property;

          (x) Conducting an isolated transaction that is
completed within thirty (30) days and that is not one in the
course of repeated transactions of a like nature; or
         (xi)   Transacting business in interstate commerce.

     (c) The list of activities in subsection (b) of this
section is not exhaustive.

     (d) A foreign corporation, foreign limited partnership or
foreign limited liability company which is either an organizer,
a manager or member of a company is not required to obtain a
certificate of authority to undertake its duties in these
capacities.
Notes of Decisions
Cited in 1 case, 1990–1990 · leading case: Waterworks Indus., Inc. v. Aplex Indus., Inc., 802 P.2d 894 (Wyo. 1990).
Waterworks Indus., Inc. v. Aplex Indus., Inc., 802 P.2d 894 (Wyo. 1990). · cites it 9× “10 § 5 and W.S. 17-16-1501 and specifically W.S. 17-16-1502(a).”
— Wyo. Stat. § 17-16-1501(a) — 1 case
Waterworks Indus., Inc. v. Aplex Indus., Inc., 802 P.2d 894 (Wyo. 1990). “10 § 5 and W.S. 17-16-1501 and specifically W.S. 17-16-1502(a).”
— Wyo. Stat. § 17-16-1501(b) — 1 case
Waterworks Indus., Inc. v. Aplex Indus., Inc., 802 P.2d 894 (Wyo. 1990). “10 § 5 and W.S. 17-16-1501 and specifically W.S. 17-16-1502(a).”
— Wyo. Stat. § 17-16-1501(b)(vi) — 1 case
Waterworks Indus., Inc. v. Aplex Indus., Inc., 802 P.2d 894 (Wyo. 1990). “10 § 5 and W.S. 17-16-1501 and specifically W.S. 17-16-1502(a).”
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