Wyoming Statutes
§ 17-16-624 — Share options
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 6 SHARES AND DISTRIBUTIONS
(a)A corporation may issue rights, options, or warrants
for the purchase of shares of the corporation. The board of
directors shall determine the terms upon which the rights,
options, or warrants are issued and the terms, including the
consideration for which the shares are to be issued. The
authorization by the board of directors for the corporation to
issue the rights, options or warrants constitutes authorization
of the issuance of the shares or other securities for which the
rights, options or warrants are exercisable.
(b)The terms and conditions of such rights, options or
warrants, including those outstanding on July 1, 2009, may
include, without limitation, restrictions or conditions that:
(i)Preclude or limit the exercise, transfer or
receipt of such rights, options or warrants b
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Nearby Sections
15
§ 17-16-1001
Authority to amend§ 17-16-1002
Amendment before issuance of shares§ 17-16-1003
Amendment by board of directors and
shareholders§ 17-16-1004
Voting on amendments by voting groups§ 17-16-1005
Amendment by board of directors§ 17-16-1006
Articles of amendment§ 17-16-1007
Restated articles of incorporation§ 17-16-1009
Effect of amendment§ 17-16-101
Short title§ 17-16-1020
Amendment by board of directors or
shareholders§ 17-16-1101
(Reserved)