HB0170

Failed

Nonprofit and trust entities-effective time for documents.

Allow nonprofit corporations and statutory trusts to file documents with delayed effective dates.

Full legal title

AN ACT relating to corporations, partnerships and associations; amending the time in which documents filed for nonprofit corporations and statutory trusts may be effective; and providing for an effective date.

Business

Sponsor:

Co-sponsors: Representative(s) Byron, Filer, Larson, JT, Senator(s) Brennan, Cooper, Crago, Crum, Nethercott, Olsen

View on wyoleg.gov Introduced Text (PDF)Digest (PDF)Fiscal Note (PDF)

What does this bill do?

Amends the effective time provisions for filed documents of nonprofit corporations and statutory trusts to clarify that effectiveness occurs at the time of receipt for filing.

Modifies W.S. 17-19-123(a)(i) to specify that nonprofit corporation documents filed with the secretary of state are effective at the time of receipt for filing on the date filed, as evidenced by the secretary of state's endorsement. (W.S. 17-19-123(a)(i), Sec. 1)
Modifies W.S. 17-23-118(a)(i) to specify that statutory trust documents filed with the secretary of state are effective at the time of receipt for filing on the date filed, as evidenced by the secretary of state's date and time endorsement. (W.S. 17-23-118(a)(i), Sec. 1)

Effective: July 1, 2025

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Actions (6)

2/10/2025(House)

H COW:H Did not consider for COW

2/3/2025(House)

H Placed on General File

2/3/2025(House)

H07 - Corporations:Recommend Do Pass 8-0-1-0-0

1/27/2025(House)

H Introduced and Referred to H07 - Corporations

1/14/2025(House)