Part I — The Birth of the LLC Revolution
How Wyoming’s 1977 experiment made law lighter and founders freer—and why the Operating Agreement, not the statute, is the soul of the LLC.
Read moreWe live in a time where borders still exist on paper, yet business has long escaped them... Wyoming’s lawmakers envisioned an entity separating owners’ liability from company debts while letting profits flow without corporate tax. What Wyoming created was revolutionary in its restraint—the triumph of contract over code.