Wyo. Stat. » Wyo. Stat. / Title 17 - Corporations, Partnerships and Associations / Chapter 29 - WYOMING LIMITED LIABILITY COMPANY ACT / Article 6 - MEMBER'S DISSOCIATION
Wyoming Statutes

Wyo. Stat. § 17-29-603 (2026)

Effect of person's dissociation as member.

✓ text as retrieved May 2026 (this copy records no edition or section history)
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(a) When a person is dissociated as a member of a limited
liability company:

          (i) The person's right to participate as a member in
the management and conduct of the company's activities
terminates;

          (ii) If the company is member-managed, the person's
fiduciary duties as a member end with regard to matters arising
and events occurring after the person's dissociation; and

          (iii) Subject to W.S. 17-29-504 and article 10 of
this chapter, any transferable interest owned by the person
immediately before dissociation in the person's capacity as a
member is owned by the person solely as a transferee.

     (b) A person's dissociation as a member of a limited
liability company does not of itself discharge the person from
any debt, obligation or other liability to the company or the
other members which the person incurred while a member.
Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2020–2026 · leading case: John A. Mccall, Jr. v. Best of the West Prods., Llc, a Wyoming Ltd. Liab. Co.; Huskemaw Optics, Llc, a Wyoming Ltd. Liab. Co.; Jack Peterson, Individually & as Manager of Best of the West Prods., Llc; & Botw Holdings, Llc, a Wyoming Ltd. Liab. Co., 2026 WY 21, 583 P.3d 1221.
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John A. Mccall, Jr. v. Best of the West Prods., Llc, a Wyoming Ltd. Liab. Co.; Huskemaw Optics, Llc, a Wyoming Ltd. Liab. Co.; Jack Peterson, Individually & as Manager of Best of the West Prods., Llc; & Botw Holdings, Llc, a Wyoming Ltd. Liab. Co., 2026 WY 21, 583 P.3d 1221. · cites it 2× “” Wyo. Stat. Ann. § 17-29-603 (LexisNexis 2025).”
Patina Dev. Grp., LLC v. Debra Ann Wernowsky, No. A20A0642 (Ga. Ct. App. July 13, 2020). “Wyo. Stat. § 17-29-603 (a) (i), (iii) (“When a person is dissociated as a member of a limited liability company .”
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