§414-351 - Notice of dissenters' rights. - Hawaii Statutes

B.  Procedure for Exercise of Dissenters' Rights

 

     [§414-351]  Notice of dissenters' rights.  (a)  If proposed corporate action creating dissenters' rights under section 414-342 is submitted to a vote at a shareholders' meeting, the meeting notice must state that shareholders are or may be entitled to assert dissenters' rights under this part and be accompanied by a copy of this part.

     (b)  If corporate action creating dissenters' rights under section 414-342 is taken without a vote of shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters' rights that the action was taken and send them the dissenters' notice described in section 414-353. [L 2000, c 244, pt of §1]