Wyoming Statutes
§ 17-16-745 — Discontinuance or settlement
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 7 SHAREHOLDERS
A derivative proceeding may not be discontinued or settled
without the court's approval. If the court determines that a
proposed discontinuance or settlement will substantially affect
the interests of the corporation's shareholders or a class of
shareholders, the court shall direct that notice be given to the
shareholders affected.
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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)