Wyoming Statutes
Wyo. Stat. § 17-21-101 (2026)
Definitions.
✓ current as of May 2026
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(a) In this chapter:
(i) "Business" includes every trade, occupation and
profession;
(ii) "Chief executive office" means the principal
operating headquarters and the primary offices of the chief
executive officer;
(iii) "Debtor in bankruptcy" means a person who is
the subject of:
(A) An order for relief under title 11 of the
United States Code or a comparable order under a successor
statute of general application; or
(B) A comparable order under federal or state
law governing insolvency.
(iv) "Distribution" means a transfer of cash or other
property from a partnership to a partner in the partner's
capacity as a partner, or to the partner's transferee;
(v) "Foreign registered limited liability
partnership" means a partnership or association formed under, or
pursuant to an agreement governed by, the laws of any state or
jurisdiction other than this state that is registered as a
limited liability partnership under the laws of the other
jurisdiction;
(vi) "Partnership" means an association of two (2) or
more persons to carry on as coowners a business for profit
formed under W.S. 17-21-202, predecessor law, or comparable law
of another jurisdiction, and includes for all purposes of the
laws of this state, a registered limited liability partnership;
(vii) "Partnership agreement" means an agreement,
written or oral, among the partners concerning the partnership;
(viii) "Partnership at will" means a partnership in
which the partners have not agreed to remain partners until the
expiration of a definite term or the completion of a particular
undertaking;
(ix) "Person" means an individual, corporation,
business trust, estate, trust, partnership, association, joint
venture, government, governmental subdivision, agency or
instrumentality or any other legal or commercial entity;
(x) "Property" means all property, real, personal or
mixed, tangible or intangible, or any interest therein;
(xi) "Registered limited liability partnership" means
a partnership formed pursuant to an agreement governed by the
laws of this state, registered under W.S. 17-21-1101 and
complying with W.S. 17-21-1103;
(xii) "State" means a state of the United States, the
District of Columbia, the commonwealth of Puerto Rico or any
territory or insular possession subject to the jurisdiction of
the United States;
(xiii) "Statement" means a statement of partnership
authority under W.S. 17-21-303, a statement of denial under W.S.
17-21-304, a statement of dissociation under W.S. 17-21-704, a
statement of dissolution under W.S. 17-21-806, a statement of
merger under W.S. 17-21-906, a statement of registration as a
registered limited liability partnership, or a renewal thereof,
under W.S. 17-21-1101, a statement of continuance under W.S.
17-21-1106, a statement of registration as a foreign registered
limited liability partnership, or a renewal thereof, under W.S.
17-21-1104 or an amendment, cancellation or withdrawal of any of
the foregoing;
(xiv) "Transfer" includes an assignment, conveyance,
lease, mortgage, deed and encumbrance;
(xv) "Registered agent" means as provided in W.S.
17-28-101 through 17-28-111.Notes of Decisions
Cited in 5
cases, 1995–2015 · leading case: Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015).
Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015). “Wyo. Stat. Ann. §§ 17-21-101 through 17-21-1107.”
Warnick v. Warnick, 2003 WY 113 (Wyo. 2003). “Statutory Provisions [112] Resolution of this matter relies almost entirely on application of the Wyoming Revised Uniform Partnership Act ("RUPA"), Wyo. Stat. Ann. §§ 17-21-101 et seq. (Lexis Nexis 2003), which the Wyoming legislature adopted in 1994 as a replacement for the…”
Lutz v. Schmillen, 899 P.2d 861 (Wyo. 1995). “§ 17-21-101 to -1003 (Supp. 1994). [2] The district court found that the partnership dissolved on October 31, 1989.”
Wallop Canyon Ranch, LLC, a Wyoming Ltd. Liab. Co. v. Scott Madison Goodwyn, individually, as a Ltd. Partner, for himself & derivatively on behalf of the Wallop Fam. Ltd. P'ship, a Wyoming Ltd. P'ship, 2015 WY 81 (Wyo. 2015). “Limited partnerships provide limited partners the ability to be passive members of a partnership with limited liability and without imposing a duty upon the limited partners.”
Warnick v. Warnick, 2006 WY 58 (Wyo. 2006). “The statute at issue is part of the Wyoming Revised Uniform Partnership Act (RUPA), Wyo. Stat. Ann. §§ 17-21-101 et seq. (LexisNexis 2003).”
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