Notice of Dissenter's Rights

4 CMC § 4571 — under Dissenters’ Rights.

4 CMC § 4571

TITLE 4: ECONOMIC RESOURCES

DIVISION 4: CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

§ 4571. Notice of Dissenters’ Rights. (a) If proposed corporate action creating dissenters’ rights under 4 CMC § 4562 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. (b) If corporate action creating dissenters’ rights under 4 CMC § 4562 is taken without a vote of the shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters’ rights that the action was taken and send them the dissents’ notice described in 4 CMC § 4573. Source: PL 10-7, § 1 (Bus. Corp. Reg. § 13.20).