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Title 17 Corporations, Partnerships and Associations

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

17-16-801. Requirement for and functions of board of directors.

(a) Except as provided in W.S. 17-16-732, each corporation shall have a board of directors. (b) All corporate powers shall be exercised by or under the authority of the board of directors of the corporation, and the business and affairs of the corporation shall be managed by or under the direction, and subject to the oversight, of its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized under W.S. 17-16-732. (c) In the case of a public corporation, the board's oversight responsibilities include attention to: (i) Business performance and plans; (ii) Major risks to which the corporation is or may be exposed; (iii) The performance and compensation of the chief executive officer; (iv) Policies and practices to foster the corporation's compliance with law and ethical conduct; (v) Preparation of the corporation's financial statements; (vi) The effectiveness of the corporation's internal controls; (vii) Arrangements for providing adequate and timely information to directors; and (viii) The composition of the board and its committees, taking into account the important role of independent directors.

Your change, as a redline

17-16-801. Requirement for and functions of board of directors.

(a) Except as provided in W.S. 17-16-732, each corporation shall have a board of directors. (b) All corporate powers shall be exercised by or under the authority of the board of directors of the corporation, and the business and affairs of the corporation shall be managed by or under the direction, and subject to the oversight, of its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized under W.S. 17-16-732. (c) In the case of a public corporation, the board's oversight responsibilities include attention to: (i) Business performance and plans; (ii) Major risks to which the corporation is or may be exposed; (iii) The performance and compensation of the chief executive officer; (iv) Policies and practices to foster the corporation's compliance with law and ethical conduct; (v) Preparation of the corporation's financial statements; (vi) The effectiveness of the corporation's internal controls; (vii) Arrangements for providing adequate and timely information to directors; and (viii) The composition of the board and its committees, taking into account the important role of independent directors.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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