Chuck Gray urges stronger LLC oversight as Senate advances registered agent reform

Senate panel advances bill to increase accountability for commercial registered agents

CHEYENNE—A bill to combat a global issue stemming from Wyoming commercial registered agents is headed to the Senate for review after unanimous consent in a Wyoming Senate committee Friday morning.  Commercial registered agents in Wyoming can register thousands of limited liability corporations, allowing companies based all over the world access to Wyoming’s tax structure without a registered agent knowing who owns the company. Currently, registe…

Chuck Gray urges stronger LLC oversight as Senate advances registered agent reform

CASPER, Wyo. — Citing a surge in fraudulent limited liability company filings and growing national scrutiny of Wyoming’s business laws, a Senate committee on Friday advanced legislation aimed at tightening oversight of registered agents, a move backed by Wyoming Secretary of State Chuck Gray. Sens. Cale Case, R-Lander; Brian Boner, R-Douglas; Dan Dockstader, R-Afton; Bill Landen, R-Casper; and Cheri Steinmetz, R-Lingle, who chair the Senate Corp…