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Monday, October 03, 2022 1:19:54 PM
WY Stat § 17-16-1003 (1997 through Reg Sess)
(a) If a corporation has issued shares, an amendment to the articles of incorporation shall be adopted in the following manner:
(i) The proposed amendment shall be adopted by the board of directors;
(ii) Except as provided in W.S. 17-16-1005, 17-16-1007 and 17-16-1008, after adopting the proposed amendment the board of directors shall submit the amendment to the shareholders for their approval. The board of directors shall also transmit to the shareholders a recommendation that the shareholders approve the amendment, unless the board of directors makes a determination that because of conflict of interest or other special circumstances it should not make such a recommendation in which case the board of directors shall transmit the basis for that determination to the shareholders;
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