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Section 48-231-202 - Notice of dissenters' rights — Tennessee Law | CourtGPT
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  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
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  7. Part 2 - Right to Dissent/
  8. Section 48-231-202 - Notice of dissenters' rights
Tennessee Legal Code

Section 48-231-202 - Notice of dissenters' rights

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(a) If proposed LLC action creating dissenters' rights under § 48-231-201 is submitted to a vote at a members' meeting, the meeting notice must state that members are or may be entitled to assert dissenters' rights under this chapter and be accompanied by a copy of this chapter.(b) If LLC action creating dissenters' rights under § 48-231-201 is taken without a vote of the members, the LLC shall notify in writing all members entitled to assert dissenters' rights that the action was taken and send them the dissenters' notice described in § 48-231-204.(c) An LLC's failure to give notice pursuant to this section will not invalidate the LLC action.Acts 1994, ch. 868, § 1.