If the cooperative does not effectuate the proposed action that gave rise to the dissenter's rights within two (2) months after the date set for demanding payment, the cooperative must send a new dissenter's notice under § 43-38-804 and repeat the payment demand procedure if it effectuates the proposed action.
Tenn. Code Ann. § 43-38-808
Failure to take action
Known as the Tennessee Processing Cooperative Law
The act spans §§ 43-38-1001 to 43-38-904 (150 sections).
Acts 2004, ch. 534, § 27.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.