Wyo. Stat. § 1-26-713
This is the official text of Wyo. Stat. § 1-26-713, part of Wyoming’s Wyoming Statutes — the complete compiled statutory law of Wyoming, organized into 40+ numbered titles by subject. This particular section falls under Title 1, “Code of Civil Procedure.”
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Loss of goodwill
Official statutory text
(a) In addition to fair market value determined under W.S. 1-26-704, the owner of a business conducted on the property taken, or on the remainder if there is a partial taking, shall be compensated for loss of goodwill only if the owner proves that the loss:
(i) Is caused by the taking of the property or the injury to the remainder;
(ii) Cannot reasonably be prevented by a relocation of the business or by taking steps and adopting procedures that a reasonably prudent person would take and adopt in preserving the goodwill;
(iii) Will not be included in relocation payments under W.S. 16-7-101 through 16-7-121; and
(iv) Will not be duplicated in the compensation awarded to the owner.
(b) Within the meaning of this section, "goodwill" consists of the benefits that accrue to a business as a result of its location, reputation for dependability, skill or quality and any other circumstances resulting in probable retention of old or acquisition of new patronage.
(i) Is caused by the taking of the property or the injury to the remainder;
(ii) Cannot reasonably be prevented by a relocation of the business or by taking steps and adopting procedures that a reasonably prudent person would take and adopt in preserving the goodwill;
(iii) Will not be included in relocation payments under W.S. 16-7-101 through 16-7-121; and
(iv) Will not be duplicated in the compensation awarded to the owner.
(b) Within the meaning of this section, "goodwill" consists of the benefits that accrue to a business as a result of its location, reputation for dependability, skill or quality and any other circumstances resulting in probable retention of old or acquisition of new patronage.
Status: in_force · Read it on the official government site
Need a lawyer in Wyoming?
Find a Wyoming lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.