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2019 Wyoming Statutes
Title 17 - Corporations, Partnerships and Associations
Chapter 18 - Wyoming Management Stability Act
Article 3 - Control Share Acquisitions
Section 17-18-302 - Control Share Voting Rights.

Universal Citation:
WY Stat § 17-18-302 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

17-18-302. Control share voting rights.

(a) Control shares of an issuing public corporation acquired in a control share acquisition do not have voting rights unless conferred by a vote of shareholders pursuant to W.S. 17-18-306.

(b) Control shares for which voting rights have not been conferred under W.S. 17-18-306 are not considered outstanding shares for the purposes of determining whether a quorum is present or whether an action requiring the affirmative vote of the holders of a specified percentage of the corporation's outstanding shares has received the requisite affirmative vote.

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