Foreign adversary ownership or control of business entities.

Wyoming's HB 69 adds foreign adversary ownership or control as a specific reason for state action against businesses. It directly affects corporations, LLCs, and foreign entities owned or controlled by individuals or entities designated as "foreign adversaries" under U.S. Commerce Department regulations (15 C.F.R. 791.4(a)), unless approved by the Committee on Foreign Investment in the U.S. (CFIUS). The bill amends state laws to allow the Secretary of State to administratively dissolve or revoke a business's authority to operate if it meets this definition, without requiring a court order. This applies to businesses that fail to correct false information or cannot be served, but includes an exception for entities with CFIUS approval.