Current through the 2024 Legislative Session
Section 293-A:13.21 - Notice of Intent to Demand Payment and Consequences of Voting or Consenting(a) If a corporate action specified in RSA 293-A:13.02(a) 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:(1) must deliver to the corporation, before the vote is taken, written notice of the shareholder's intent to demand payment if the proposed action is effectuated; and(2) must not vote, or cause or permit to be voted, any shares of such class or series in favor of the proposed action.(b) If a corporate action specified in RSA 293-A:13.02(a) 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 must not sign a consent in favor of the proposed action with respect to that class or series of shares.(c) A shareholder who fails to satisfy the requirements of RSA 293-A:13.21(a) or (b) is not entitled to payment under this subdivision.Entire chapter repealed and reenacted by 2013 , 142: 1, eff. 1/1/2014. 2013, 142 : 1 , eff. Jan. 1, 2014.