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Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 17-16-741: Standing.

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Where this section sits in the code
  1. TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 16 - WYOMING BUSINESS CORPORATION ACT
  3. 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

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