{"data":{"id":"us-tn/tenn.-code-ann.-43-38-806","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 43-38-806","heading":"Duty to demand payment","body":"(a) A member sent a dissenter's notice described in § 43-38-805 must demand payment and certify whether the member acquired the membership interest before the date required to be set forth in the dissenter's notice pursuant to § 43-38-805(b)(2) .\n(b) The member who demands payment under subsection (a) retains all other rights of a member until these rights are cancelled or modified by the effectuation of the proposed cooperative action.\n(c) A member who does not demand payment by the date set in the dissenter's notice is not entitled to payment for the member's membership interest under this part.\n(d) A demand for payment filed by a member may not be withdrawn unless the cooperative with which it was filed, or the surviving cooperative consents to the withdrawal.","path":["TN Code","Title 43","Chapter 38"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"2a785d3a19212da82c4a85935528e2ade27433bb4403a49691224e776e4ccd59","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-43-38-805","next":"us-tn/tenn.-code-ann.-43-38-807"},"notice":"GroundRules: Original legal text. Not legal advice."}