Maine § 13-C §1322-A Notice of intent to demand payment

Maine Statutes

§ 13-C §1322-A — Notice of intent to demand payment

Maine § 13-C §1322-A

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 13APPRAISAL RIGHTS

This text of Maine § 13-C §1322-A (Notice of intent to demand payment) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13-C, § 13-C §1322-A (2026).

Text

1.Preservation of appraisal rights if action taken at a meeting. If a proposed corporate action requiring appraisal rights under sections 1302 to 1304 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares:

2.Preservation of appraisal rights if action taken by consent. If a corporate action specified in section 1302 is to be approved by less than unanimous written consent, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares may not sign a consent in favor of the proposed action with respect to that class or series of shares.

3.Effect of failure to preserve. A shareholder who fails to satisfy the requirements of subsection 1 or 2 is not entitled to p

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1.
Preservation of appraisal rights if action taken at a meeting.
If a proposed corporate action requiring appraisal rights under sections 1302 to 1304 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares:
2.
Preservation of appraisal rights if action taken by consent.
If a corporate action specified in section 1302 is to be approved by less than unanimous written consent, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares may not sign a consent in favor of the proposed action with respect to that class or series of shares.
3.
Effect of failure to preserve.
A shareholder who fails to satisfy the requirements of subsection 1 or 2 is not entitled to payment under this chapter.