[§414-353]  Dissenters' notice.  (a)  If
proposed corporate action creating dissenters' rights under section 414-342 is
authorized at a shareholders' meeting, the corporation shall deliver a written
dissenters' notice to all shareholders who satisfied the requirements of
section 414-352.



(b)  The dissenters' notice must be sent no
later than ten days after the corporate action was taken, and must:



(1)  State where the payment demand must be sent and
where and when certificates for certificated shares must be deposited;



(2)  Inform holders of uncertificated shares to what
extent transfer of the shares will be restricted after the payment demand is
received;



(3)  Supply a form for demanding payment that includes
the date of the first announcement to news media or to shareholders of the
terms of the proposed corporate action and requires that the person asserting
dissenters' rights certify whether or not the person acquired beneficial
ownership of the shares before that date;



(4)  Set a date by which the corporation must receive
the payment demand, which date may not be fewer than thirty nor more than sixty
days after the date the subsection (a) notice is delivered; and



(5)  Be accompanied by a copy of this part. [L 2000, c
244, pt of §1]