Tennessee Statutes

§ 48-231-207 — Failure to take action

Tennessee·Title 48
If the LLC does not effectuate the proposed action that gave rise to the dissenters' rights within two (2) months after the date set for demanding payment, it must send a new dissenters' notice under § 48-231-203 and repeat the payment demand procedure if it effectuates the proposed action.

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Legislative History

Acts 1994, ch. 868, § 1.

Nearby Sections

15
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