Section 271B.13-210 - Notice of intent to demand payment(1) If proposed corporate action creating dissenters' rights under KRS 271B.13-020 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert dissenters' rights:(a) Shall deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated; and(b) Shall not vote his shares in favor of the proposed action.(2) A shareholder who does not satisfy the requirements of subsection (1) of this section shall not be entitled to payment for his shares under this chapter.Effective:1/1/1989
Created 1988 Ky. Acts ch. 23, sec. 127, effective1/1/1989.