Catch Title: SF0082 Duties of registered agents-amendments

Category: Corporations

Sponsor: Senator(s) Crago, Nethercott and Olsen; Representative(s) Clouston, Connolly and Filer.

Effective Date: July 1, 2026.

Bill URL: https://wyoleg.gov/2026/Introduced/SF0082.pdf

Overview

SF0082 significantly expands the record-keeping and oversight duties of registered agents in Wyoming to combat scams associated with “shell” and “holding” companies.. The bill requires registered agents to maintain and produce on-demand the names and addresses of all direct legal owners (including partners, members, and shareholders) for most domestic entities.. By specifically exempting entities with a fixed physical business location in-state and those with more than 100 owners, the legislation targets small, centralized, or internationally-owned LLCs that use Wyoming registration primarily for anonymity or an in-state “paper” presence..

Key Provisions

• Ownership Tracking: Registered agents must maintain current names and addresses for each domestic entity’s owners (partners, members, and shareholders)..
• Format and Access: Data must be kept in a format that can be “reasonably produced on demand” by relevant authorities..
• Update Frequency: Information must be updated within 60 days of any change until the first annual report is filed, and thereafter updated during the annual report filing cycle..
• Targeted Exemptions: The requirement does not apply to:
  • Entities with more than 100 owners.
  • Entities maintaining a fixed, physical business location in Wyoming used for ordinary business operations.
  • Decentralized Autonomous Organizations (DAOs).
  • Decentralized unincorporated nonprofit associations.

Implications

• Targeted Oversight of “Shell” Entities: This bill explicitly targets entities that lack a physical footprint in Wyoming, effectively increasing transparency for companies often used in international or domestic financial scams..
• Increased Registered Agent Liability: Agents now bear the legal responsibility to proactively verify and house ownership data, shifting them from passive “mail drops” to active compliance gatekeepers..
• Enhanced Law Enforcement Capabilities: The “produce on demand” mandate provides a higher level of oversight than currently exists, allowing investigators to identify direct legal owners even if a response takes several days..
• Cost of Compliance: Registered agents may see increased administrative costs due to the 60-day update requirement, which may be passed on to the entities they represent..
• Strategic DAOs/Nonprofits Carve-out: By exempting DAOs and unincorporated nonprofits, the bill preserves Wyoming’s specialized legal status for these emerging entity types while tightening the screws on traditional LLC “shell” structures..