Wyoming Statutes
§ 17-16-725 — Quorum and voting requirements for voting groups
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 7 SHAREHOLDERS
(a)Shares entitled to vote as a separate voting group may
take action on a matter at a meeting only if a quorum of those
shares exists with respect to that matter. Unless the articles
of incorporation or this act provide otherwise, a majority of
the votes entitled to be cast on the matter by the voting group
constitutes a quorum of that voting group for action on that
matter.
(b)Once a share is represented for any purpose at a
meeting, it is deemed present for quorum purposes for the
remainder of the meeting and for any adjournment of that meeting
unless a new record date is or shall be set for that adjourned
meeting.
(c)If a quorum exists, action on a matter other than the
election of directors by a voting group is approved if the votes
cast within the voting group favoring the action
Free access — add to your briefcase to read the full text and ask questions with AI
Wyoming § 17-16-725 (Quorum and voting requirements for voting groups) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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)