(a) Knowledge; notice

W.S. § 17-29-103 — under Chapter 29 — Wyoming Limited Liability Company Act.

W.S. § 17-29-103

(a) Knowledge; notice. A person knows a fact when the person: (i) Has actual knowledge of it; or (ii) Is deemed to know it under paragraph (d)(i) of this section or law other than this chapter. (b) A person has notice of a fact when the person: (i) Has reason to know the fact from all of the facts known to the person at the time in question; or (ii) Is deemed to have notice of the fact under paragraph (d)(ii) of this section. (c) A person notifies another of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person knows the fact. (d) A person that is not a member is deemed: (i) To know of a limitation on authority to transfer real property as provided in W.S. 17-29-302(g); and (ii) To have notice of a limited liability company's: (A) Dissolution, ninety (90) days after articles of dissolution under W.S. 17-29-702(b)(ii)(A) and the limitation on the member's or manager's authority as a result of the statement of dissolution becomes effective; (B) Reserved; and (C) Merger, conversion, continuance, transfer or domestication, ninety (90) days after articles of merger, conversion, continuance, transfer or domestication under article 10 of this chapter become effective.