Wyoming § 17-16-1321 Notice of intent to demand payment and
consequences of voting or consenting

Wyoming Statutes

§ 17-16-1321 — Notice of intent to demand payment and consequences of voting or consenting

Wyoming § 17-16-1321

Title 17Corporations, Partnerships and Associations

Ch. 16WYOMING BUSINESS CORPORATION ACT

Art. 13APPRAISAL RIGHTS

This text of Wyoming § 17-16-1321 (Notice of intent to demand payment and consequences of voting or consenting) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-16-1321 (2026).

Text

(a)If proposed corporate action requiring appraisal under W.S. 17-16-1302 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares:

(i)Shall deliver to the corporation before the vote is taken written notice of the shareholder's intent to demand payment if the proposed action is effectuated; and

(ii)Shall not vote or cause or permit to be voted any shares of the class or series in favor of the proposed action.

(b)If a corporate action specified in W.S. 17-16-1302(a) is to be approved by written consent, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares shall not execute a consent in favor of the proposed action with respect to that class or series

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(a) If proposed corporate action requiring appraisal under
W.S. 17-16-1302 is submitted to a vote at a shareholders'
meeting, a shareholder who wishes to assert appraisal rights
with respect to any class or series of shares:
(i) Shall deliver to the corporation before the vote
is taken written notice of the shareholder's intent to demand
payment if the proposed action is effectuated; and
(ii) Shall not vote or cause or permit to be voted
any shares of the class or series in favor of the proposed
action.
(b) If a corporate action specified in W.S. 17-16-1302(a)
is to be approved by written consent, a shareholder who wishes
to assert appraisal rights with respect to any class or series
of shares shall not execute a consent in favor of the proposed
action with respect to that class or series of shares.
(c) A shareholder who does not satisfy the requirements of
subsection (a) or (b) of this section is not entitled to payment
for his shares under this article.