Wyoming § 17-18-117 Voting indirectly owned shares

Wyoming Statutes

§ 17-18-117 — Voting indirectly owned shares

Wyoming § 17-18-117

Title 17Corporations, Partnerships and Associations

Ch. 18WYOMING MANAGEMENT STABILITY ACT

Art. 1GENERAL PROVISIONS

This text of Wyoming § 17-18-117 (Voting indirectly owned shares) 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. § 17-18-117 (2026).

Text

Effective January 1, 1990, notwithstanding W.S. 17-16-721(b) a
qualified corporation may elect to allow the voting of shares
which are owned directly or indirectly by a second corporation,
a majority of whose shares entitled to vote for directors of the
second corporation are owned by the first corporation. The
election shall be made in the articles of incorporation as
amended. The number of such shares that may be voted is limited
to forty percent (40%) of the total shares of that class
outstanding.

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Effective January 1, 1990, notwithstanding W.S. 17-16-721(b) a
qualified corporation may elect to allow the voting of shares
which are owned directly or indirectly by a second corporation,
a majority of whose shares entitled to vote for directors of the
second corporation are owned by the first corporation. The
election shall be made in the articles of incorporation as
amended. The number of such shares that may be voted is limited
to forty percent (40%) of the total shares of that class
outstanding.