LegalFix
Sign In

Section 351.890 Written notice of intent to demand payment for shares.

MO Rev Stat § 351.890 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 28 Aug 1990

351.890. Written notice of intent to demand payment for shares. — 1. If proposed corporate action creating dissenters' rights under section 351.875 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert dissenters' rights shall deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated, and shall not vote his shares in favor of the proposed action.

2. A shareholder who does not satisfy the requirements of subsection 1 of this section is not entitled to payment for his shares under sections 351.870 to 351.930.

­­--------

(L. 1990 H.B. 1432)

Previous Section
Section 351.885 Meeting notice to state shareholder may be entitled to assert dissenters' rights.
Next Section
Section 351.895 Written dissenters' notice — contents.