Wyoming Statutes
§ 17-16-805 — Terms of directors generally
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 16 WYOMING BUSINESS CORPORATION ACT·Art. 8 DIRECTORS AND OFFICERS
(a)The terms of the initial directors of a corporation
expire at the first shareholders' meeting at which directors are
elected.
(b)The terms of all other directors expire at the next,
or if their terms are staggered in accordance with W.S.
17-16-806, at the applicable second or third, annual
shareholders' meeting following their election except to the
extent:
(i)Provided in W.S. 17-16-1022 if a bylaw electing
to be governed by that section is in effect; or
(ii)A shorter term is specified in the articles of
incorporation in the event of a director nominee failing to
receive a specified vote for election.
(c)A decrease in the number of directors does not shorten
an incumbent director's term.
(d)The term of a director elected to fill a vacancy
expires at the next shareholders' meeting
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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)