{"data":{"id":"us-wy/wyo.-stat.-17-16-745","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-16-745","heading":"Discontinuance or settlement.","body":"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.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 16 - WYOMING BUSINESS CORPORATION ACT","ARTICLE 7 - SHAREHOLDERS"],"source_url":"https://wyoleg.gov/statutes/compress/title17.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"6199dc1f5e53bd89759fef87b563dd7f7025a17108f767f5b5dbe7e4cbbdbd9c","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-16-744","next":"us-wy/wyo.-stat.-17-16-746"},"notice":"GroundRules: Original legal text. Not legal advice."}
