Wyoming § 17-20-1115 Consolidation with entity other than a
cooperative utility

Wyoming Statutes

§ 17-20-1115 — Consolidation with entity other than a cooperative utility

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 20 WYOMING COOPERATIVE UTILITIES ACT·Art. 11 MERGER AND CONSOLIDATION

(a)A cooperative utility may consolidate with any entity if:

(i)The consolidation is permitted by the law of the state or country under whose law the entity is organized and existing and each entity complies with that law in effecting the consolidation;

(ii)The entity complies with 17-19-1113 if it is the new corporation or entity;

(iii)The consolidation is approved by the affirmative vote of not less than two-thirds (2/3) of all of the members of the cooperative utilities; and

(iv)The provisions in W.S. 17-20-1201 are met.

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(a) A cooperative utility may consolidate with any entity
if:
(i) The consolidation is permitted by the law of the
state or country under whose law the entity is organized and
existing and each entity complies with that law in effecting the
consolidation;
(ii) The entity complies with 17-19-1113 if it is the
new corporation or entity;
(iii) The consolidation is approved by the
affirmative vote of not less than two-thirds (2/3) of all of the
members of the cooperative utilities; and
(iv) The provisions in W.S. 17-20-1201 are met.

Wyoming § 17-20-1115 (Consolidation with entity other than a cooperative utility) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.