Wyoming Amends the Wyoming Business Corporations Act, Authorizing Corporations to Use Electronic Networks or Databases for the Creation or Maintenance of Corporate Records

Wyoming adopts House Bill No. HB 0101, amending the Wyoming Business Corporations Act to: authorize Corporations to use electronic networks or databases for the creation or maintenance of corporate records; authorizing the use of a data address to identify a corporation’s shareholder; authorizing corporations to accept shareholder votes if signed by a network signature that corresponds to a data address; and specifying requirements for use of electronic networks or databases. http://legisweb.state.wy.us/2018/Introduced/HB0101.pdf

The law essentially permits Corporations to maintain corporate records electronically.

The law is effective on July 1, 2018.

 

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