Massachusetts Article 13 - Dissenters' Rights
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How to fill out Article 13 - Dissenters' Rights?
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FAQ
APPRAISAL RIGHTS UNDER MASSACHUSETTS LAW Under Massachusetts law, holders of the Common Stock of the Company have the right to dissent from the Merger and to receive payment in cash for the fair value of their shares of Common Stock of the Company.
Dissenters' rights are guaranteed under state corporate law. When a dissenting shareholder disagrees with a firm's actions, they can exercise appraisal rights; appraising their shares, and being paid the fair market value for them. Dissenters' rights provide an easy way out of a company for a shareholder.
Due process requires that laws be clear so as to give a person of ordinary intelligence a reasonable opportunity to know what the law proscribes, that he or she might act ingly. ?
Dissent rights allow shareholders to object to certain fundamental changes in a corporation and to require the corporation to re-purchase their shares at fair value.
Under Massachusetts law, holders of the Common Stock of the Company have the right to dissent from the Merger and to receive payment in cash for the fair value of their shares of Common Stock of the Company.