{"data":{"id":"us-dc/d.c.-code-29-311.11","jurisdiction":"us-dc","citation":"D.C. Code § 29-311.11","heading":"Notice of intent to demand payment and consequences of voting or consenting.","body":"(a)\nIf a corporate action specified in § 29-311.02(a) is submitted to a vote at a shareholders’ meeting, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares shall:\n(1)\nDeliver to the corporation, before the vote is taken, written notice of the shareholder’s intent to demand payment if the proposed action is effectuated; and\n(2)\nNot vote, or cause or permit to be voted, any shares of such class or series in favor of the proposed action.\n\n(b)\nIf a corporate action specified in § 29-311.02(a) is to be approved by less than unanimous written consent, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares shall not sign a consent in favor of the proposed action with respect to that class or series of shares.\n\n(c)\nA shareholder that fails to satisfy the requirements of subsection (a) or (b) of this section shall not be entitled to payment under this subchapter.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 3. Business Corporations.","Subchapter XI. Appraisal Rights.","Part B. Procedure for Exercise of Appraisal Rights."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-311.11","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"286b4bd677a8ceeb2f7f2c0bbdca9aafb1d4f1027613befe2f4847fbed0145e1","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-311.10","next":"us-dc/d.c.-code-29-311.12"},"notice":"GroundRules: Original legal text. Not legal advice."}