Wyoming Statutes

Wyo. Stat. § 17-29-701 (2026)

Events causing dissolution.

✓ current as of May 2026
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(a) A limited liability company is dissolved, and its
activities must be wound up, upon the occurrence of any of the
following:

          (i) An event or circumstance that the operating
agreement or articles of organization states causes dissolution;

         (ii)    The consent of all the members;

          (iii) The passage of ninety (90) consecutive days
during which the company has no members;

          (iv) On application by a member, the entry of a court
order dissolving the company on the grounds that:

               (A) The conduct of all or substantially all of
the company's activities is unlawful; or
               (B) It is not reasonably practicable to carry on
the company's activities in conformity with the articles of
organization and the operating agreement; or

          (v) On application by a member or dissociated member,
the entry of a court order dissolving the company on the grounds
that the managers or those members in control of the company:

               (A) Have acted, are acting, or will act in a
manner that is illegal or fraudulent; or

               (B) Have acted or are acting in a manner that is
oppressive and was, is, or will be directly harmful to the
applicant.

     (b) In a proceeding brought under paragraph (a)(v) of this
section, the court may order a remedy other than dissolution.