Wyoming § 17-16-603 Issued and outstanding shares

Wyoming Statutes

§ 17-16-603 — Issued and outstanding shares

Wyoming § 17-16-603

Title 17Corporations, Partnerships and Associations

Ch. 16WYOMING BUSINESS CORPORATION ACT

Art. 6SHARES AND DISTRIBUTIONS

This text of Wyoming § 17-16-603 (Issued and outstanding shares) 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. § 17-16-603 (2026).

Text

(a)A corporation may issue the number of shares of each class or series authorized by the articles of incorporation. Shares that are issued are outstanding shares until they are reacquired, redeemed, converted, or cancelled.

(b)The reacquisition, redemption, or conversion of outstanding shares is subject to the limitations of subsection

(c)of this section and to W.S. 17-16-640.

(c)At all times that shares of the corporation are outstanding, one (1) or more shares that together have unlimited voting rights and one (1) or more shares that together are entitled to receive the net assets of the corporation upon dissolution shall be outstanding.

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(a) A corporation may issue the number of shares of each
class or series authorized by the articles of incorporation.
Shares that are issued are outstanding shares until they are
reacquired, redeemed, converted, or cancelled.
(b) The reacquisition, redemption, or conversion of
outstanding shares is subject to the limitations of subsection
(c) of this section and to W.S. 17-16-640.
(c) At all times that shares of the corporation are
outstanding, one (1) or more shares that together have unlimited
voting rights and one (1) or more shares that together are
entitled to receive the net assets of the corporation upon
dissolution shall be outstanding.