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92 chapters · 1,075 sections in this title.
Tenn. Code Ann. § 48-231-101 Chapter definitions
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(1) As used in this chapter:(1) “Dissenter” means a member who is entitled to dissent from LLC action under § 48-231-201(a) and who exercises that right when and in the manner required under this chapter;(2) “Fair value” means the value of the dissenter's membership interest of a…
Tenn. Code Ann. § 48-231-201 Right to dissent
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(a) A member of an LLC is entitled to dissent from, and obtain payment of the fair value, as determined under § 48-231-206, of the member's membership interests in the event of, any of the following LLC actions:(1) Consummation of a plan of merger to which the LLC is a party;(2) …
Tenn. Code Ann. § 48-231-202 Notice of dissenters' rights
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(a) If proposed LLC action creating dissenters' rights under § 48-231-201 is submitted to a vote at a members' meeting, the meeting notice must state that members are or may be entitled to assert dissenters' rights under this chapter and be accompanied by a copy of this chapter. …
Tenn. Code Ann. § 48-231-203 Notice of intent to demand payment
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(a) If proposed LLC action creating dissenters' rights under § 48-231-201 is submitted to a vote at a members' meeting, a member who wishes to assert dissenters' rights:(1) Must deliver to the LLC, before the vote is taken, written notice of such member's intent to demand payment…
