(a) 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.
FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. For more detailed codes research information, including annotations and citations, please visit Westlaw.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.