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.
Massachusetts Legal Code