{"data":{"id":"us-wy/wyo.-stat.-17-29-603","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-29-603","heading":"Effect of person's dissociation as member.","body":"(a) When a person is dissociated as a member of a limited liability company:\n(i) The person's right to participate as a member in the management and conduct of the company's activities terminates;\n(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\n(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.\n(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.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 29 - WYOMING LIMITED LIABILITY COMPANY ACT","ARTICLE 6 - MEMBER'S DISSOCIATION"],"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":"fb6904f2752155de475a9c4c4c241d72b7c2a0b9081922e1261bc05b57bf099a","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-29-602","next":"us-wy/wyo.-stat.-17-29-701"},"notice":"GroundRules: Original legal text. Not legal advice."}