§ 17-18-117 — Voting indirectly owned shares

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.