Wyoming Statutes

Wyo. Stat. § 17-21-804 (2026)

Right to wind up partnership business.

✓ current as of May 2026
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(a) After dissolution, a partner who has not wrongfully
dissociated has a right to participate in winding up the
partnership's business, but on application of any partner,
partner's legal representative or transferee, the court, for
good cause, may order judicial supervision of the winding up.

     (b) The legal representative of the last surviving partner
may wind up a partnership's business.

     (c) A person winding up a partnership's business may
preserve the partnership business or property as a going concern
for a reasonable time, prosecute and defend actions and
proceedings, whether civil, criminal or administrative, settle
and close the partnership's business, dispose of and transfer
the partnership's property, discharge the partnership's
liabilities, distribute the assets of the partnership pursuant
to W.S. 17-21-808 and perform other necessary acts, including
settlement of disputes by mediation or arbitration.