State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-20_146

21-20,146. Dissenters' rights; failure to take action.(1) If the corporation does not take the proposed action within sixty days after the date set for demanding payment and depositing share certificates, the corporation shall return the deposited certificates and release the transfer restrictions imposed on uncertificated shares.(2) If, after returning deposited certificates and releasing transfer restrictions, the corporation takes the proposed action, it shall send a new dissenters' notice under section 21-20,142 and repeat the payment demand procedure. SourceLaws 1995, LB 109, § 146.

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-20_146

21-20,146. Dissenters' rights; failure to take action.(1) If the corporation does not take the proposed action within sixty days after the date set for demanding payment and depositing share certificates, the corporation shall return the deposited certificates and release the transfer restrictions imposed on uncertificated shares.(2) If, after returning deposited certificates and releasing transfer restrictions, the corporation takes the proposed action, it shall send a new dissenters' notice under section 21-20,142 and repeat the payment demand procedure. SourceLaws 1995, LB 109, § 146.

State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-20_146

21-20,146. Dissenters' rights; failure to take action.(1) If the corporation does not take the proposed action within sixty days after the date set for demanding payment and depositing share certificates, the corporation shall return the deposited certificates and release the transfer restrictions imposed on uncertificated shares.(2) If, after returning deposited certificates and releasing transfer restrictions, the corporation takes the proposed action, it shall send a new dissenters' notice under section 21-20,142 and repeat the payment demand procedure. SourceLaws 1995, LB 109, § 146.