2005 Washington Revised Code RCW 25.15.465: 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 limited liability company shall release any transfer restrictions imposed as permitted by RCW
25.15.455.
(2) If, after releasing transfer restrictions, the proposed merger becomes effective, the limited liability company must send a new dissenters' notice as provided in RCW
25.15.435(2) and
25.15.445 and repeat the payment demand procedure.
[1994 c 211 § 1209.]
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.