Single-Member LLC

Wyoming (WY)

Operating Agreement

Wyoming Single-Member LLC Operating Agreement for Bank Accounts

Generate a Wyoming-compliant Operating Agreement formatted the way banks actually request it — with your LLC legal name, EIN, registered agent, and ownership details laid out for easy verification.

Wyoming Statutes Title 17, Chapter 29

Bank-ready formatting

Print-ready PDF

Company Details

LLC Legal Name

Must match the exact name filed with the Wyoming Secretary of State.

EIN

Formation Date

Principal Office Address

Registered Agent

Registered Agent Name

Registered Agent Address

Must have a physical Wyoming street address (no P.O. boxes).

Sole Member / Owner

Member Full Name

Member Address

Initial Contribution

Printed Name for Signature

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Wyoming (WY)

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Operating Agreement

Single-Member Limited Liability Company — State of Wyoming

This Operating Agreement (the “Agreement”) is made and entered into as of October 5, 2026 by and between [Your LLC Name] (the “Company”), a single-member limited liability company organized under Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act), and [Your Name] (the “Sole Member”).

Company

[Your LLC Name]

Sole Member

[Your Name]

EIN

—

Formation Date

—

1. Formation

The Company was formed by filing Articles of Organization with the Wyoming Secretary of State on [date] under Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act).

2. Registered Agent

[Registered Agent Name], located at [Registered Agent Address], serves as the Company’s registered agent in Wyoming.

3. Management & Authority

The Sole Member manages the Company with full authority, including opening and maintaining bank accounts, entering contracts, and acting for the Company without further authorization.

4. Charging Order Protection

Under W.S. Section 17-29-503, a charging order is the exclusive remedy for judgment creditors of a member or assignee, and foreclosure is not available for single-member LLCs. Wyoming, along with Delaware, is consistently ranked as the strongest state for single-member charging order protection.

5. Wyoming Compliance

6. Tax Treatment

The Company is a disregarded entity for federal income tax purposes (Treasury Reg. § 301.7701-3); the Sole Member reports income on Schedule C of Form 1040.

7. Governing Law

This Agreement is governed by the laws of the State of Wyoming, including Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act).

[Your Name] — Sole Member Signature

Date

Print Name: [Your Name]

Company Title: Sole Member / Manager

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Why Wyoming Banks Require an Operating Agreement

When you open a business checking account for a single-member LLC in Wyoming, banks like Bank of the West, Wells Fargo, First Interstate Bank, and U.S. Bank ask for your Operating Agreement for three key reasons: (1) to verify that your LLC’s legal name matches the name on your EIN letter from the IRS; (2) to confirm that you, as the sole member, have the authority to open accounts and sign for the company; and (3) to satisfy their Know Your Customer (KYC) and beneficial ownership documentation requirements under federal banking rules. Without an Operating Agreement, many branches will ask you to come back with one — or worse, open the account with missing documentation that delays transactions later.

Verifies

EIN & LLC legal name match

Confirms

Sole-member signing authority

Satisfies

KYC & beneficial ownership rules

How Wyoming Statutes Title 17, Chapter 29 Protects You

Wyoming single-member LLCs are governed by Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act). This statute gives your LLC a legal existence separate from you personally, which is the foundation of liability protection: business debts and lawsuits generally attach to the company, not to your personal assets.

An executed Operating Agreement strengthens that protection in two ways. First, it documents that you treat the LLC as a separate entity (separate finances, documented decisions, formal management structure) — which is exactly what courts look for when creditors try to “pierce the veil” and reach your personal assets. Second, it locks in the internal rules that govern the company under the statute, so there is never ambiguity about who owns or controls the business.

Wyoming Compliance Alert

These obligations are administered by the Wyoming Secretary of State. The LLC formation filing fee is $100. Failing to stay in good standing can jeopardize the liability protection your Operating Agreement helps document.

Wyoming Single-Member LLC Operating Agreement FAQs

Does Wyoming require a single-member LLC to have an Operating Agreement?

No state, including Wyoming, legally mandates a written Operating Agreement for internal validity — but banks, lenders, and courts treat your LLC as far more credible when you have one. Under Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act), an Operating Agreement governs the internal affairs of the LLC, and financial institutions like Bank of the West, Wells Fargo, First Interstate Bank, and U.S. Bank routinely ask for it when you open a business checking account so they can verify your EIN, ownership, and signing authority.

Do I need an Operating Agreement to open a business bank account in Wyoming?

Most banks in Wyoming, including Bank of the West, Wells Fargo, First Interstate Bank, and U.S. Bank, will ask for your Operating Agreement (or a Certification of Formation) as part of their business account onboarding process. They use it to confirm that the person opening the account is authorized to act for the LLC and to match the LLC's legal name to its EIN. While technically a single-member LLC without an Operating Agreement can still open accounts, having one avoids delays, confusion, and re-visits to the branch.

Does Wyoming protect my LLC assets from my personal creditors?

Yes, in most cases. Under W.S. Section 17-29-503, a charging order is the exclusive remedy for judgment creditors of a member or assignee, and foreclosure is not available for single-member LLCs. Wyoming, along with Delaware, is consistently ranked as the strongest state for single-member charging order protection. This means your personal judgment creditors generally cannot seize LLC assets directly or force a distribution — they are limited to distributions the LLC chooses to make. Note that this protection is strongest when the LLC is treated as a separate entity (separate bank account, documented records, and an executed Operating Agreement).

What are the annual requirements and fees for an LLC in Wyoming?

Wyoming LLCs file an Annual Report with the Secretary of State on the anniversary date of formation each year, with a minimum $60 fee based on assets. Wyoming has no state income tax on individuals and is one of the most popular states for asset protection formation, along with strong privacy protections (no member names on the public filing). The state LLC filing fee is $100, paid to the Wyoming Secretary of State. Keeping your LLC in good standing — filings current and registered agent up to date — is essential to preserving the liability protection the Wyoming Statutes Title 17, Chapter 29 (Wyoming Limited Liability Company Act) provides.