Wyoming Statutes
§ 17-16-745 — Discontinuance or settlement
Wyoming § 17-16-745
JurisdictionWyoming
Title 17Corporations, Partnerships and Associations
Ch. 16WYOMING BUSINESS CORPORATION ACT
Art. 7SHAREHOLDERS
This text of Wyoming § 17-16-745 (Discontinuance or settlement) 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. § 17-16-745 (2026).
Text
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
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Bluebook (online)
Wyoming § 17-16-745, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/16/17-16-745.