Revised Code of Washington - RCW Title 23B Washington Business Corporation Act - Chapter 23B.13 Dissenters' Rights

  • 23B.13.010 Definitions
    As used in this chapter: (1) "Corporation" means the issuer of the shares held by a dissenter before the corporate action, or the surviving or ...
  • 23B.13.020 Right to dissent
    (1) A shareholder is entitled to dissent from, and obtain payment of the fair value of the shareholder's shares in the event of, any of ...
  • 23B.13.030 Dissent by nominees and beneficial owners
    (1) A record shareholder may assert dissenters' rights as to fewer than all the shares registered in the shareholder's name only if the shareholder dissents ...
  • 23B.13.200 Notice of dissenters' rights
    (1) If proposed corporate action creating dissenters' rights under RCW 23B.13.020 is submitted to a vote at a shareholders' meeting, the meeting notice must state ...
  • 23B.13.210 Notice of intent to demand payment
    (1) If proposed corporate action creating dissenters' rights under RCW 23B.13.020 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to ...
  • 23B.13.220 Dissenters' rights -- Notice
    (1) If proposed corporate action creating dissenters' rights under RCW 23B.13.020 is authorized at a shareholders' meeting, the corporation shall deliver a notice to all ...
  • 23B.13.230 Duty to demand payment
    (1) A shareholder sent a notice described in RCW 23B.13.220 must demand payment, certify whether the shareholder acquired beneficial ownership of the shares before the ...
  • 23B.13.240 Share restrictions
    (1) The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action ...
  • 23B.13.250 Payment
    (1) Except as provided in RCW 23B.13.270, within thirty days of the later of the effective date of the proposed corporate action, or the date ...
  • 23B.13.260 Failure to take action
    (1) If the corporation does not effect the proposed action within sixty days after the date set for demanding payment and depositing share certificates, the ...
  • 23B.13.270 After-acquired shares
    (1) A corporation may elect to withhold payment required by RCW 23B.13.250 from a dissenter unless the dissenter was the beneficial owner of the shares ...
  • 23B.13.280 Procedure if shareholder dissatisfied with payment or offer
    (1) A dissenter may deliver a notice to the corporation informing the corporation of the dissenter's own estimate of the fair value of the dissenter's ...
  • 23B.13.300 Court action
    (1) If a demand for payment under RCW 23B.13.280 remains unsettled, the corporation shall commence a proceeding within sixty days after receiving the payment demand ...
  • 23B.13.310 Court costs and counsel fees
    (1) The court in a proceeding commenced under RCW 23B.13.300 shall determine all costs of the proceeding, including the reasonable compensation and expenses of appraisers ...

Last modified: April 7, 2009