Tenn. Code § 48-231-207

Current through Acts 2023-2024, ch. 1069
Section 48-231-207 - Failure to take action

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.

T.C.A. § 48-231-207

Acts 1994, ch. 868, § 1.