{"data":{"id":"us-gu/18-gca-281305","jurisdiction":"us-gu","citation":"18 GCA § 281305","heading":"Notice of Intent to Demand Payment.","body":"(a) If proposed corporate action requiring appraisal rights under § 281302 is submitted to a vote at a shareholders’ meeting, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares:\n(1) must deliver 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) must not vote, or cause or permit to be voted, any shares of such class or series in favor of the proposed action.\n(b) A shareholder who does not satisfy the requirements of subsection (a) is not entitled to payment under this Article.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 5 - Guam Business Corporation Act","Chapter 28: Guam Business Corporation Act","ARTICLE 13: APPRAISAL RIGHTS","SUBARTICLE B: PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc028.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:55:38Z","sha256":"051293e26de9537385a93edd6d52db5b7ed0ff5a925420f0390699289c11c2ba","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-281304","next":"us-gu/18-gca-281306"},"notice":"GroundRules: Original legal text. Not legal advice."}