10-1321. Notice of intent to demand
payment


A. If proposed corporate action creating dissenters' rights under section 10-1302
is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert
dissenters' rights shall both:


1. Deliver to the corporation before the vote is taken written notice of the
shareholder's intent to demand payment for the shareholder's shares if the proposed
action is effectuated.


2. Not vote the shares in favor of the proposed action.


B. A shareholder who does not satisfy the requirements of subsection A of this
section is not entitled to payment for the shares under this article.