Wyoming § 17-18-302 Control share voting rights

Wyoming Statutes

§ 17-18-302 — Control share voting rights

Wyoming § 17-18-302

Title 17Corporations, Partnerships and Associations

Ch. 18WYOMING MANAGEMENT STABILITY ACT

Art. 3CONTROL SHARE ACQUISITIONS

This text of Wyoming § 17-18-302 (Control share voting rights) 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. § 17-18-302 (2026).

Text

(a)Control shares of an issuing public corporation acquired in a control share acquisition do not have voting rights unless conferred by a vote of shareholders pursuant to W.S. 17-18-306.

(b)Control shares for which voting rights have not been conferred under W.S. 17-18-306 are not considered outstanding shares for the purposes of determining whether a quorum is present or whether an action requiring the affirmative vote of the holders of a specified percentage of the corporation's outstanding shares has received the requisite affirmative vote.

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(a) Control shares of an issuing public corporation
acquired in a control share acquisition do not have voting
rights unless conferred by a vote of shareholders pursuant to
W.S. 17-18-306.
(b) Control shares for which voting rights have not been
conferred under W.S. 17-18-306 are not considered outstanding
shares for the purposes of determining whether a quorum is
present or whether an action requiring the affirmative vote of
the holders of a specified percentage of the corporation's
outstanding shares has received the requisite affirmative vote.