{"data":{"id":"us-wy/wyo.-stat.-17-16-1116","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-16-1116","heading":"Effect of conversion.","body":"(a) Upon conversion:\n(i) All property owned by the corporation remains in the limited liability company;\n(ii) All obligations of the converting corporation continue as obligations of the resulting limited liability company; and\n(iii) An action or proceeding pending against the converting corporation may be continued as if the conversion had not occurred.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 16 - WYOMING BUSINESS CORPORATION ACT","ARTICLE 11 - MERGER, SHARE EXCHANGE, CONSOLIDATION AND CONVERSION"],"source_url":"https://wyoleg.gov/statutes/compress/title17.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"98304a8fce92bf6cb45b613fe730ef0afaf395d683913aecb5a2761e7bb2c5ce","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-16-1115","next":"us-wy/wyo.-stat.-17-16-1201"},"notice":"GroundRules: Original legal text. Not legal advice."}