District Of Columbia § 29-311.12 - Appraisal notice and form.
Full text of District Of Columbia D.C. Code § 29-311.12 — Appraisal notice and form., with citation guidance and answers to common questions.
§ 29-311.12. Appraisal notice and form.
29-311.12If a corporate action requiring appraisal rights under becomes effective, the corporation shall send an appraisal notice in a record and form required by subsection (b)(1) of this section to all shareholders who satisfy the requirements of or (b). In the case of a merger under , the parent shall send an appraisal notice in a record and form to all record shareholders that may be entitled to assert appraisal rights.
The appraisal notice shall be delivered no earlier than the date the corporate action specified in became effective, and no later than 10 days after such date, and shall:
Supply a form that:
Specifies the first date of any announcement to shareholders made before the date the corporate action became effective of the principal terms of the proposed corporate action;
If such announcement was made, requires the shareholder asserting appraisal rights to certify whether beneficial ownership of those shares for which appraisal rights are asserted was acquired before that date; and
Requires the shareholder asserting appraisal rights to certify that such shareholder did not vote for or consent to the transaction;
State:
Where the form must be sent and where certificates for certificated shares must be deposited and the date by which those certificates must be deposited, which date shall not be earlier than the date for receiving the required form under subparagraph (B) of this paragraph;
A date by which the corporation must receive the form, which date may not be fewer than 40 nor more than 60 days after the date the appraisal notice is sent, and state that the shareholder has waived the right to demand appraisal with respect to the shares unless the form is received by the corporation by such specified date;
The corporation’s estimate of the fair value of the shares;
That, if requested in writing, the corporation will provide, to the shareholder so requesting, within 10 days after the date specified in paragraph (2)(B) of this subsection the number of shareholders that return the forms by the specified date and the total number of shares owned by them; and
The date by which the notice to withdraw under shall be received, which date must be within 20 days after the date specified [in] subparagraph (B) of this paragraph; and
Be accompanied by a copy of this subchapter.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-311.12
What does D.C. Code § 29-311.12 cover?
Section 29-311.12 ("Appraisal notice and form.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 29-311.12?
A common citation format is "D.C. Code § 29-311.12" (District Of Columbia). 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 District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 29-311.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.