GroundRules
← Search the law
Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 17-16-745: Discontinuance or settlement.

Read at publisher ↗
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 derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.

Collected 2026-09-04T00:16:32Z. Source file · JSON

Browse this collection