Wyoming § 17-16-1021 Bylaw increasing quorum or voting requirement
for directors

Wyoming Statutes

§ 17-16-1021 — Bylaw increasing quorum or voting requirement for directors

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 10 AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS

(a)A bylaw that increases a quorum or voting requirement for the board of directors may be amended or repealed:

(i)If originally adopted by the shareholders, only by the shareholders, unless the bylaw otherwise provides;

(ii)If adopted by the board of directors, either by the shareholders or by the board of directors.

(b)A bylaw adopted or amended by the shareholders that increases a quorum or voting requirement for the board of directors may provide that it may be amended or repealed only by a specified vote of either the shareholders or the board of directors.

(c)Action by the board of directors under subsection (a) of this section to amend or repeal a bylaw that changes the quorum or voting requirement for the board of directors shall meet the same quorum requirement and be adopted

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(a) A bylaw that increases a quorum or voting requirement
for the board of directors may be amended or repealed:
(i) If originally adopted by the shareholders, only
by the shareholders, unless the bylaw otherwise provides;
(ii) If adopted by the board of directors, either by
the shareholders or by the board of directors.
(b) A bylaw adopted or amended by the shareholders that
increases a quorum or voting requirement for the board of
directors may provide that it may be amended or repealed only by
a specified vote of either the shareholders or the board of
directors.
(c) Action by the board of directors under subsection (a)
of this section to amend or repeal a bylaw that changes the
quorum or voting requirement for the board of directors shall
meet the same quorum requirement and be adopted by the same vote
required to take action under the quorum and voting requirement
then in effect or proposed to be adopted, whichever is greater.

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