§ 17-16-703 — Court-ordered meeting

Wyoming § 17-16-703

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 7: SHAREHOLDERS

Text

(a) The district court of the county where a corporation's
principal office or, if none in this state, its registered
office is located may summarily order a meeting to be held:
(i) On application of any shareholder of the
corporation entitled to participate in an annual meeting if an
annual meeting was not held or action by written consent in lieu
thereof did not become effective within the earlier of six (6)
months after the end of the corporation's fiscal year or fifteen
(15) months after its last annual meeting; or
(ii) On application of a shareholder who signed a
demand for a special meeting valid under W.S. 17-16-702, if:
(A) Notice of the special meeting was not given
within thirty (30) days after the date the demand was delivered
to the corporation's secretary; or
(B) The special meeting was not held in
accordance with the notice.
(b) The court may fix the time and place of the meeting,
determine the shares entitled to participate in the meeting,
specify a record date for determining shareholders entitled to
notice of and to vote at the meeting, prescribe the form and
content of the meeting notice, fix the quorum required for
specific matters to be considered at the meeting or direct that
the votes represented at the meeting constitute a quorum for
action on those matters, and enter other orders necessary to
accomplish the purpose or purposes of the meeting.