Assertion of appraisal rights of beneficial shareholder.

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47-1A-1303.1. Assertion of appraisal rights of beneficial shareholder.

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.

Source: SL 2005, ch 239, §286.


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