Sec. 10.359. RECORD OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST. (a) A responsible organization shall note in the organization's ownership interest records maintained under Section 3.151 the receipt of a demand for payment from any dissenting owner made under Section 10.356.
(b) If an ownership interest that is the subject of a demand for payment made under Section 10.356 is transferred, a new certificate representing that ownership interest must contain:
(1) a reference to the demand; and
(2) the name of the original dissenting owner of the ownership interest.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 10 - Mergers, Interest Exchanges, Conversions, and Sales of Assets
Subchapter H. Rights of Dissenting Owners
Section 10.351. Applicability of Subchapter
Section 10.353. Form and Validity of Notice
Section 10.354. Rights of Dissent and Appraisal
Section 10.355. Notice of Right of Dissent and Appraisal
Section 10.357. Withdrawal of Demand for Fair Value of Ownership Interest
Section 10.359. Record of Demand for Fair Value of Ownership Interest
Section 10.360. Rights of Transferee of Certain Ownership Interest
Section 10.362. Computation and Determination of Fair Value of Ownership Interest
Section 10.363. Powers and Duties of Appraiser; Appraisal Procedures
Section 10.364. Objection to Appraisal; Hearing
Section 10.365. Court Costs; Compensation for Appraiser
Section 10.366. Status of Ownership Interest Held or Formerly Held by Dissenting Owner
Section 10.367. Rights of Owners Following Termination of Right of Dissent
Section 10.368. Exclusivity of Remedy of Dissent and Appraisal