{"data":{"id":"us-dc/d.c.-code-29-201.09","jurisdiction":"us-dc","citation":"D.C. Code § 29-201.09","heading":"Appraisal rights.","body":"(a)\nAn interest holder of a domestic merging, acquired, converting, or domesticating entity shall be entitled to appraisal rights in connection with the transaction if the interest holder would have been entitled to appraisal rights under the entity’s organic law in connection with a merger in which the interest of the interest holder was changed, converted, or exchanged unless:\n(1)\nThe organic law permits the organic rules to limit the availability of appraisal rights; and\n(2)\nThe organic rules provide such limit.\n\n(b)\nAn interest holder of a domestic merging, acquired, converting, or domesticating entity shall be entitled to contractual appraisal rights in connection with a transaction under this chapter to the extent provided:\n(1)\nIn the entity’s organic rules;\n(2)\nIn the plan; or\n(3)\nIn the case of a business corporation, by action of its governors.\n\n(c)\nIf an interest holder is entitled to contractual appraisal rights under subsection (b) of this section and the entity’s organic law does not provide procedures for the conduct of an appraisal rights proceeding, subchapter XI of Chapter 3 of this title shall apply to the extent practicable or as otherwise provided in the entity’s organic rules or the plan.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 2. Entity Transactions.","Subchapter I. General Provisions."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-201.09","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"b55be0f44669ebd8d59dfb2b4b0ad2fc8f646c8b319a42ebfdc420c7d2beaf63","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-201.08","next":"us-dc/d.c.-code-29-202.01"},"notice":"GroundRules: Original legal text. Not legal advice."}