B.  Procedurefor Exercise of Dissenters' Rights

 

[§414-351]  Notice of dissenters' rights. (a)  If proposed corporate action creating dissenters' rights under section414-342 is submitted to a vote at a shareholders' meeting, the meeting noticemust state that shareholders are or may be entitled to assert dissenters'rights under this part and be accompanied by a copy of this part.

(b)  If corporate action creating dissenters'rights under section 414-342 is taken without a vote of shareholders, the corporationshall notify in writing all shareholders entitled to assert dissenters' rightsthat the action was taken and send them the dissenters' notice described insection 414-353. [L 2000, c 244, pt of §1]