Wyoming Article 13 - Dissenters' Rights
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How to fill out Article 13 - Dissenters' Rights?
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FAQ
What happens to the income from the permanent land income fund? It is distributed to the public school districts in the state.
See Wyoming Statute section 9-13-102(a)(i)-(vi). Printed informational, educational, or promotional material. A gift that is not used AND, no later than 30 days after receipt, is returned or donated to a charitable organization with no tax benefit. Certificates or plaques that do not exceed $250 in value.
Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.
Wyoming shareholders have the right to inspect and corporate books and records, including: minutes of both shareholder and director meetings, accounting records, list of shareholders, by-laws, and articles of incorporation.
Misuse of office (WSS 9-13-105) Use of Public Property - Cannot use public funds, time, personnel, facilities or equipment for private benefit or that of another unless the use is authorized by law.
A majority shareholder can: Pass ordinary resolutions (more than 50% of shares required) ? An ordinary resolution is usually used in situations relating to dividends, shares, and appointing and removing directors. A shareholder with enough shares has the ability to put an ordinary resolution through.
Wyoming laws on close corps allow small corporations to forego many traditional corporate formalities, while still enjoying the benefits. A departure from regular business corporations, Close Corporations do not require a board of directors, this means ongoing operations generate less paperwork.
Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.
