Wyo. Stat. § 17-16-741: Standing.
Where this section sits in the code
- TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 16 - WYOMING BUSINESS CORPORATION ACT
- ARTICLE 7 - SHAREHOLDERS
(a) A shareholder may not commence or maintain a derivative proceeding unless the shareholder:
(i) Was a shareholder of the corporation at the time of the act or omission complained of, or became a shareholder through transfer by operation of law from one who was a shareholder at the time; and
(ii) Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.
Collected 2026-09-04T00:16:32Z. Source file · JSON