47-14A-71. Provision for contractual appraisal rights.
83 words·~1 min read·
/sd/title-47/chapter-47-14/47-14a-71A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A governing instrument or an agreement of merger or consolidation may provide that contractual appraisal rights with respect to a beneficial interest or another interest in a business trust shall be available for any class or group of beneficial owners or beneficial interests in connection with any amendment of a governing instrument, any merger or consolidation in which the business trust is a constituent party to the merger or consolidation or the sale of all or substantially all of the business trust's assets.