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30.0190 Notice of dissenters’ rights.

Cite as [A.S.C.A. § 30.0190]

(a) If proposed corporate action creating dissenters’ rights under section 30.0181 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 chapter and be accompanied by a copy of this chapter.

(b) If corporate action creating dissenters’ rights under section 30.0181 is taken without a vote of shareholders, the corporation shall notify in writing al shareholders entitled to assert dissenters’ rights that the action was taken and send them the dissenters’ notice described in section 30.0192.

History: 2000, PL 26-23.