{"data":{"id":"us-ms/miss.-code-ann.-79-4-13.21","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 79-4-13.21","heading":"Notice of intent to demand payment and consequences of voting or consenting.","body":"(a) If a corporate action specified in Section 79-4-13.02(a) 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) If a corporate action specified in Section 79-4-13.02(a) is to be approved by less than unanimous written consent, a shareholder who wishes to assert appraisal rights with respect to any class or series of shares must not sign a consent in favor of the proposed action with respect to that class or series of shares.\n(c) A shareholder who fails to satisfy the requirements of subsection (a) or (b) is not entitled to payment under this article.","path":["Title 79. Corporations, Associations, and Partnerships","Chapter 4. Mississippi Business Corporation Act","Article 13. Appraisal Rights.","Subarticle B. Procedure for Exercise of Appraisal Rights."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.79.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:23Z","sha256":"d9c5e5559383f39db51c0f0b2efd418b5fe7657637c543a01ceb692b9be43160","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-79-4-13.20","next":"us-ms/miss.-code-ann.-79-4-13.22","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}
