{"data":{"id":"us-wy/wyo.-stat.-17-25-103","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-25-103","heading":"Definition and election of close limited liability company status.","body":"(a) A close limited liability company is a limited liability company whose articles of organization contain a statement that the company is a close limited liability company.\n(b) A limited liability company formed under W.S. 17-29-101 through 17-29-1102 may convert to a close limited liability company by amending its articles of organization to include the statement required by subsection (a) of this section.\n(c) A statement in substantially the following form shall appear conspicuously in the operating agreement and on any certificates of ownership in a close limited liability company:\nNOTICE OF RESTRICTIONS ON TRANSFERS AND WITHDRAWALS\nThe rights of members in a close limited liability company may differ materially from the rights of members in other limited liability companies. The Close Limited Liability Company Supplement, articles of organization, and operating agreement of a close limited liability company may restrict transfer of ownership interests, withdrawal or resignation from the company, return of capital contributions and dissolution of the company.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 25 - CLOSE LIMITED LIABILITY COMPANY SUPPLEMENT"],"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":"62bf27f1a2e6fb4c3efbeca21172386a41dd7d6eb3c7b294440a01dc5ff726a2","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-25-102","next":"us-wy/wyo.-stat.-17-25-104"},"notice":"GroundRules: Original legal text. Not legal advice."}