Code of Alabama

Search for this:
Match Context and Document information
URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/10A-2-13.20.htm
Depth:0 singles
Size:1,240 bytes
Modified:2019-06-27 13:06:52
Categories:-None-
Title:10A-2-13.20
Description:-None-
Keywords:-None-
Meta data:-None-
Body:Section 10A-2-13.20

Notice of dissenters' rights.

REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

(a) If proposed corporate action creating dissenters' rights under Section 10A-2-13.02 is submitted to a vote at a shareholders' meeting, the meeting notice must state that shareholders are or may be entitled to assert dissenters' rights under this article and be accompanied by a copy of this article.

(b) If corporate action creating dissenters' rights under Section 10A-2-13.02 is taken without a vote of shareholders, the corporation shall (1) notify in writing all shareholders entitled to assert dissenters' rights that the action was taken; and (2) send them the dissenters' notice described in Section 10A-2-13.22.

(Acts 1994, No. 94-245, p. 343, §1; §10-2B-13.20; amended and renumbered by Act 2009-513, p. 967, §141.)