§ 17-18-307 — Redemption

Wyoming § 17-18-307

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

Text

(a) Control shares acquired in a control share acquisition
may be redeemed by the corporation at fair value pursuant to the
procedures adopted by the corporation at any time during the
period ending sixty (60) days after the last acquisition of
control shares by the acquiring person if the control shares are
not accorded voting rights by the shareholders pursuant to W.S.