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Conn. Gen. Stat. § 34-279f

Applicability of appraisal rights

Known as the Connecticut Uniform Limited Liability Company Act

The act spans §§ 34–34 (117 sections).

(P.A. 16-97, S. 86.) History: P.A. 16-97 effective July 1, 2017.

(a) Subject to subsection (b) of this section, nothing in sections 34-243 to 34-283d , inclusive, shall be construed to grant by law appraisal rights to a member of a merging limited liability company pursuant to a merger under sections 34-279h to 34-279k , inclusive, or an acquired limited liability company pursuant to sections 34-279 l to 34-279q , inclusive, in connection with the transaction.

(b) A member of a merging limited liability company pursuant to a merger under sections 34-279h to 34-279k , inclusive, or an acquired limited liability company pursuant to sections 34-279 l to 34-279q , inclusive, is entitled to contractual appraisal rights in connection with the transaction to the extent provided in: (1) The limited liability company's organizational documents; or (2) the plan.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.