§ 17-16-1622 — Other reports to shareholders

Wyoming § 17-16-1622

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 16: RECORDS AND REPORTS

Text

(a) If a corporation indemnifies or advances expenses to a
director under W.S. 17-16-851 through 17-16-854 in connection
with a proceeding by or in the right of the corporation, the
corporation shall report the indemnification or advance in
writing to the shareholders with or before the notice of the
next shareholders' meeting.
(b) If a corporation issues or authorizes the issuance of
shares for promissory notes or for promises to render services
in the future, the corporation shall report in writing to the
shareholders the number of shares authorized or issued, and the
consideration received by the corporation, with or before the
notice of the next shareholders' meeting.
C. Annual Reports and License Taxes