81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 17 of 64
The following text was automatically extracted from the image on this page using optical character recognition software:
S.B. No. 1442
1 peeeed-ig] if the owner's ownership interests were not canceled,
2 converted, or exchanged as a result ofthe action or a subsequent
4 (4) the dissenting owner is entitled to receive the
5 same cash. property, rights, and other consideration received by
6 owners of the same class and series of ownership interests held by
7 the owner, as if the owner's demand for payment of the fair value of
8 the ownership interests had not been made under Section 10.356, if
9 the owner's ownership interests were canceled, converted, or
10 exchanged as a result of the action or a subsequent action;
11 (5) any action of the domestic entity taken after the
12 date of the demand for payment by the owner under Section 10.356
13 will' ndt be considered ineffective or invalid because of the
14 restoration of the owner's ownership interests or the other rights
15 or entitlements of the owner under this subsection; and
16 (6) [funi_=cnt=1 bucinCo t:Caotion; n,.
17  the dissenting owner is entitled to receive
18 dividends or other distributions made after the date of the owner's
19 payment demand under Section 10.356, [em-th a itim] to owners of
20 the same class and series of ownership interests held by the owner
21 as if the [a] demand [fr th- pae--nt of thC -.enk p i-ntreet]
22 had not been made [n4 Scete-n 1.. 356I1, subject to any change in
23 or adjustment to the ownership interests because of an action taken
24 by the domestic entity [thc -n.eee.en. - r kage of- the
25 ]wna-ehip interctc] after the date of the [a] demand [wnee
26 En.e. . 1] . uruant t fundacrta -- I..
27 traRnc i.tion].
Here’s what’s next.
This document can be searched. Note: Results may vary based on the legibility of text within the document.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Legislative Document.
Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth310916/m1/17/: accessed June 26, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.