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| Be Unique: | Use A Legal Designator: | Stay Honest: |
|---|---|---|
The business name must be unique and not in use by another company in the state. It must also be distinguishable from other businesses. | Your name must include one of the following: "Limited Liability Company," "LLC," "L.L.C.," "Limited Company," "LC," "L.C.," "Ltd. Liability Company," or "Ltd. Liability Co." | Names that imply purposes beyond what you stated in your Articles of Organization are not permitted. Words like "Bank," "Academy," or "College" are not allowed. |

General Business Information | This section includes your LLC's official name as registered with the Wyoming Secretary of State, your principal business address, and whether the LLC has a perpetual or fixed duration. |
Management Structure | Defines whether the LLC is member-managed or manager-managed and who holds signing authority for contracts and major financial commitments. Since Wyoming does not put member names on the public record, the operating agreement is the definitive internal document for identifying who is actually in charge. |
Tax Designation | Formally states how the IRS will treat your LLC, as a sole proprietorship, partnership, S Corp, or C Corp. For Wyoming LLCs with non-resident members, this section should also note how members in other states will handle their respective state income tax obligations on pass-through income, since Wyoming itself imposes none. |
Member Information & Ownership | Lists every member's name, address, ownership percentage, and initial capital contribution. Since none of this appears on Wyoming's public record, this document is the only formal record of who owns what percentage of the business. |
Decision Making & Voting | Sets the voting threshold for major business decisions. This is where you decide if a simple majority (51%) or a unanimous vote (100%) is required for actions related to the business. |
Membership Changes (Buy-Sell) | Outlines what happens when a member wants to leave, sell their interest, or pass away. This section protects business continuity during ownership transitions and is especially important for multi-member LLCs, where a departure without a plan can freeze operations. |
LLC Dissolution | Provides a clear process for winding down the business, settling debts with creditors, distributing remaining assets to members, and filing the Articles of Dissolution with the Wyoming Secretary of State. |