47-1A-1303.1. Assertion of appraisal rights of beneficial shareholder.
74 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-1303-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder:
(1)Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1 (2)(b); and
(2)Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.