§ 17-18-304 — Shareholder special meeting

Wyoming § 17-18-304

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 18: WYOMING MANAGEMENT STABILITY ACT
• Art. 3: CONTROL SHARE ACQUISITIONS

Text

(a) If the acquiring person requests a special meeting at
the time of delivery of an acquiring person statement pursuant
to W.S. 17-18-303 and agrees to pay the corporation's expenses
of a special meeting, the directors of the issuing public
corporation shall call a special meeting of shareholders of the
issuing public corporation within ten (10) days after the date
of the corporation's receipt of the request for the purpose of
considering whether the shares acquired or to be acquired in the
control share acquisition will be accorded voting rights.
(b) Unless the acquiring person agrees in writing to
another date, a special meeting of shareholders shall be held
within fifty (50) days after receipt by the issuing public
corporation of the request.
(c) If no request is made for a special meeting, the issue
of whether the shares acquired in the control share acquisition
will be accorded voting rights shall be presented at the next
special or annual meeting of shareholders.
(d) If requested in writing by the acquiring person when
the acquiring person statement is delivered pursuant to W.S.
17-18-303, the special meeting shall not be held sooner than
thirty (30) days after receipt by the issuing public corporation
of the acquiring person statement.