American Samoa § 30.0193 - Duty to demand payment.
Full text of American Samoa American Samoa Code Annotated § 30.0193 — Duty to demand payment., with citation guidance and answers to common questions.
§ 30.0193. Duty to demand payment.
(a) A shareholder sent a dissenters’ notice described in section 30.0192 must demand payment, certify whether he acquired beneficial ownership of the shares before the date required to be set forth in the dissenters’ notice pursuant to section 30.0192(b)(3), and deposit his certificates in accordance with the terms of the notice. (b) The shareholder who demands payment and deposits his share certificates under section (a) retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action. (c) A shareholder who does not demand payment or deposit his share certificates where required, each by the date set in the dissenters’ notice, is entitled to payment for his shares under this chapter.
Source: official American Samoa text · Last verified 2026-08-27
Frequently Asked Questions About American Samoa § 30.0193
What does American Samoa Code Annotated § 30.0193 cover?
Section 30.0193 ("Duty to demand payment.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 30.0193?
A common citation format is "American Samoa Code Annotated § 30.0193" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 30.0193 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.