47-1A-1322. Appraisal notice and form--Delivery to shareholders.
73 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-1322·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If proposed corporate action requiring appraisal rights under § 47-1A-1302 becomes effective, the corporation must deliver a written appraisal notice and form required by subdivision 47-1A-1322.1
(1)to all shareholders who satisfied the requirements of § 47-1A-1321 . In the case of a merger under §§ 47-1A-1105 to 47-1A-1105.2 , inclusive, the parent shall deliver a written appraisal notice and form to all record shareholders who may be entitled to assert appraisal rights.