HB0069

Amends Wyoming business entity statutes to allow the secretary of state to administratively dissolve, revoke, or forfeit the authority of corporations, foreign corporations, limited liability companies, and statutory foundations that are owned or controlled by foreign adversaries.

• Adds grounds for administrative dissolution of Wyoming corporations if owned or controlled by a foreign government or foreign nongovernment person designated as a foreign adversary by the U.S. Secretary of Commerce under 15 C.F.R. 791.4(a), unless such ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-16-1420(a)(vi)(D))
• Adds grounds for revocation of foreign corporation certificates of authority if owned or controlled by a designated foreign adversary, unless ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-16-1530(a)(viii)(C))
• Adds grounds for administrative dissolution of Wyoming business corporations if owned or controlled by a designated foreign adversary, unless ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-19-1420(a)(v)(C))
• Adds grounds for revocation of foreign business corporation certificates of authority if owned or controlled by a designated foreign adversary, unless ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-19-1530(a)(vii)(C))
• Adds grounds for administrative forfeiture of limited liability company authority and articles of organization if owned or controlled by a designated foreign adversary, unless ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-29-705(c)(iii)(D))
• Adds grounds for administrative forfeiture of statutory foundation authority and articles of formation if owned or controlled by a designated foreign adversary, unless ownership or control is approved by the Committee on Foreign Investment in the United States. (W.S. 17-30-904(h)(iii)(D))

Effective: July 1, 2025

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