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Section 17-16-745 - Discontinuance or Settlement — Wyoming Law | CourtGPT
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  7. Section 17-16-745 - Discontinuance or Settlement
Wyoming Legal Code

Section 17-16-745 - Discontinuance or Settlement

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17-16-745. Discontinuance or settlement. 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.

17-16-745. Discontinuance or settlement. 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.