§ 17-17-110 — Notice of statutory close corporations status on issued shares

Wyoming § 17-17-110

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 17: CLOSE CORPORATION SUPPLEMENT
• Art. 1: PROVISIONS

Text

(a) The following statement must appear conspicuously on
each share certificate issued by a statutory close corporation:
The rights of shareholders in a statutory close corporation may
differ materially from the rights of shareholders in other
corporations. Copies of the articles of incorporation and
bylaws, shareholders' agreements, and other documents, any of
which may restrict transfers and affect voting and other rights,
may be obtained by a shareholder on written request to the
corporation.
(b) Within a reasonable time after the issuance or
transfer of uncertificated shares, the corporation shall send to
the shareholders a written notice containing the information
required by subsection (a) of this section.
(c) The notice required by this section satisfies all
requirements of this chapter and of W.S. 17-16-627 that notice
of share transfer restrictions be given.
(d) A person claiming an interest in shares of a statutory
close corporation which has complied with the notice requirement
of this section is bound by the documents referred to in the
notice. A person claiming an interest in shares of a statutory
close corporation which has not complied with the notice
requirement of this section is bound by any documents of which
he, or a person through whom he claims, has knowledge or notice.
(e) A corporation shall provide to any shareholder upon
his written request and without charge copies of provisions that
restrict transfer or affect voting or other rights of
shareholders appearing in articles of incorporation, bylaws, or
shareholders' or voting trust agreements filed with the
corporation.