§ 13.20. Notice of dissenters’ rights
(a) If proposed corporate action creating dissenters’ rights under section 13.02 of this title is submitted to a vote at a shareholders’ meeting, the meeting notice must state that shareholders are or may be entitled to assert dissenters’ rights under this chapter and be accompanied by a copy of this chapter.
(b) If corporate action creating dissenters’ rights under section 13.02 of this title is taken without a vote of shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters’ rights that the action was taken and send them the dissenters’ notice described in section 13.22 of this title. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)
Structure Vermont Statutes
Title 11A - Vermont Business Corporations
Chapter 13 - Dissenters' Rights
§ 13.03. Dissent by nominees and beneficial owners
§ 13.20. Notice of dissenters’ rights
§ 13.21. Notice of intent to demand payment
§ 13.23. Duty to demand payment
§ 13.26. Failure to take action
§ 13.27. After-acquired shares
§ 13.28. Procedure if shareholder dissatisfied with payment or offer