{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156d-13.21","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156D, § 13.21","heading":"Notice of intent to demand payment","body":"Section 13.21. NOTICE OF INTENT TO DEMAND PAYMENT\n(a) If proposed corporate action requiring appraisal rights under section 13.02 is submitted to vote at a shareholders' meeting, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares:\n(1) shall 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) shall 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 chapter.","path":["Part I","Title XXII","Chapter 156D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section13.21","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:41Z","sha256":"d8f75b646d10b3c71bc616d88b89c8e923a9d3eb9a0403bc73fa0589e1291b73","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156d-13.20","next":"us-ma/mass.-gen.-laws-ch.-156d-13.22"},"notice":"GroundRules: Original legal text. Not legal advice."}
