§ 25.05.460. Merger -- Not effective within sixty days -- Transfer restrictions
(1) If the proposed merger does not become effective within sixty days after the date set for demanding payment, the partnership shall release any transfer restrictions imposed as permitted by RCW 25.05.450.
(2) If, after releasing transfer restrictions, the proposed merger becomes effective, the partnership must send a new dissenters' notice as provided in RCW 25.05.430(2) and 25.05.440 and repeat the payment demand procedure.
[1998 c 103 § 1009.]
Sections: Previous 25.05.425 25.05.430 25.05.435 25.05.440 25.05.445 25.05.450 25.05.455 25.05.460 25.05.465 25.05.470 25.05.475 25.05.500 25.05.505 25.05.510 25.05.550 NextLast modified: April 7, 2009