Fairfax Virginia Article 13 - Dissenters' Rights

Name: Fairfax Virginia Article 13 - Dissenters' Rights
Brand: US Legal Forms
Rating: 4.74 (431 reviews)

Category:

Corporations - Mergers and Acquisitions

State:

Multi-State

County:

Fairfax

Control #:

US-CC-12-1382E

Format:

Instant download

Description

This is a form which discusses Dissenters' Rights, to be used across the United States. These are the appraisal rights provisions of a Business Corporation Act, Article 13.

View Colorado Springs

View this form

Resume for Associate Auctioneer

View this form

Offer to Purchase Boat

View this form

How to fill out Fairfax Virginia Article 13 - Dissenters' Rights?

Preparing legal paperwork can be burdensome. Besides, if you decide to ask a lawyer to write a commercial contract, documents for proprietorship transfer, pre-marital agreement, divorce paperwork, or the Fairfax Article 13 - Dissenters' Rights, it may cost you a lot of money. So what is the best way to save time and money and create legitimate documents in total compliance with your state and local laws and regulations? US Legal Forms is a perfect solution, whether you're looking for templates for your personal or business needs.

US Legal Forms is largest online collection of state-specific legal documents, providing users with the up-to-date and professionally checked templates for any scenario accumulated all in one place. Therefore, if you need the recent version of the Fairfax Article 13 - Dissenters' Rights, you can easily find it on our platform. Obtaining the papers requires a minimum of time. Those who already have an account should check their subscription to be valid, log in, and pick the sample with the Download button. If you haven't subscribed yet, here's how you can get the Fairfax Article 13 - Dissenters' Rights:

Look through the page and verify there is a sample for your region.
Examine the form description and use the Preview option, if available, to make sure it's the template you need.
Don't worry if the form doesn't suit your requirements - search for the right one in the header.
Click Buy Now once you find the needed sample and pick the best suitable subscription.
Log in or sign up for an account to purchase your subscription.
Make a payment with a credit card or through PayPal.
Choose the document format for your Fairfax Article 13 - Dissenters' Rights and download it.

When done, you can print it out and complete it on paper or upload the template to an online editor for a faster and more convenient fill-out. US Legal Forms allows you to use all the paperwork ever purchased many times - you can find your templates in the My Forms tab in your profile. Try it out now!

Form Rating

4.74

Satisfied(431)

Form popularity

FAQ

Dissenters Rights is a state corporate (or business entity) law enabling the shareholders to receive a cash payment equal to the the fair value of their shares if the company management undertakes a major transaction with which the shareholder does not agree or consent.

Appraisal right is the right of a dissenting stockholder to demand appraisal and payment of the fair value of his stocks fPom the corporate. It allows a stockholder who dissents and votes against a proposed corporate action to withdraw from the corporation by demanding payment of the fair value of his shares.

Under section 395 of the Act, a transferee company, which has acquired 90% shares of a transferor company through a scheme or contract, is entitled to acquire shares of remaining 10% shareholders. Dissenting shareholders have been provided with an opportunity to approach Court/Tribunal.

An appraisal right is the statutory right of a corporation's shareholders to have a judicial proceeding or independent valuator determine a fair stock price and oblige the acquiring corporation to purchase shares at that price.

Key Takeaways. Dissenters' rights ensure a shareholder that they can sell their shares at fair value in the event that a company takes a decision that they do not agree with. Dissenters' rights are guaranteed under state corporate law.

Notice of Dissent means a written objection to the Arrangement Resolution made by a registered Shareholder in accordance with the Dissent Procedures.

Also referred to as dissent rights (or dissent and appraisal rights). A statutory right available to voting shareholders to object to certain fundamental changes taken by a corporation.

If the proposed action must be approved by the shareholders, a shareholder who wishes to exercise dissenters' rights must file with the corporation before the vote on the proposed action a written notice of intent to demand the fair value of the shares owned by the shareholder and must not vote the shares in favor of

A dissent process allows an objecting shareholder, referred to as a 'dissenting shareholder', to exit the corporation and be paid the fair value of his or her shares. The timelines and details regarding the dissent process are strict and technical.

More info

Fairfax, Jr. Article. Appraisal Rights and "Fair Value".XII. Duties of the National Vice President. 16. XIII. Brandeis dissent on the states as laboratories - New State Ice Co. v. Substantive due process rights. " Adams, 2007 U.S. App. Grants for the purpose of carrying out all provisions of 7 U.S.C.. 3242 (section 759 of Public Law 106–78) to individual eligible.

Fairfax Virginia Article 13 - Dissenters' Rights

Description

Related forms

Viewed forms

How to fill out Fairfax Virginia Article 13 - Dissenters' Rights?

Show more info

Form Rating

Form popularity

FAQ

What general rights does a dissenting shareholder have?

What is the meaning of a stockholder's appraisal right?

What are the rights of dissenting shareholders?

What are shareholder appraisal rights?

What are dissenters rights?

What is a notice of dissent?

What is dissent and appraisal?

How do dissenters exercise their rights?

What is dissent procedure?

More info

Trusted and secure by over 3 million people of the world’s leading companies