Nevada Article 13 - Dissenters' Rights
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How to fill out Article 13 - Dissenters' Rights?
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FAQ
A dissenter is entitled to judgment in cash for the amount by which the fair value of the shares as determined by the court, plus interest, exceeds the amount, if any, remitted under subdivision 5, but shall not be liable to the corporation for the amount, if any, by which the amount, if any, remitted to the dissenter ...
Rules relating to deceptive trade practices are dealt under Nevada Revised Statutes, Title 52, Chapter 598 et seq (Deceptive Trade Practices). Section 598.0915 of this Chapter prohibits any person from advertising goods or services with the intent not to sell or lease them as advertised.
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.
Shareholders' dissent rights may be pursued when a corporation takes an action notwithstanding its shareholders' objection. Sometimes called an appraisal remedy, dissent rights empower shareholders to demand a buyback of their shares at a fair market value.
Dissenting Shareholder: For the purposes of Module TMA, dissenting shareholder means any shareholder and convertible securities holder, who has not accepted a take-over offer and any shareholder who has failed or refused to transfer shares to an acquirer in ance with a take-over offer.
Dissenters' rights ensure a shareholder that they can sell their shares at fair value in the event that a company takes a decision that they do not agree with. Dissenters' rights are guaranteed under state corporate law.