Washington § 25.15.491 - Member — Payment demand — Entitlement.

Full text of Washington Revised Code of Washington § 25.15.491 — Member — Payment demand — Entitlement., with citation guidance and answers to common questions.

§ 25.15.491. Member — Payment demand — Entitlement.

(1) A member of a limited liability company who demands payment retains all other rights of a member of such limited liability company until the proposed merger becomes effective.
(2) A member of a limited liability company sent a dissenters' notice who does not demand payment by the date set in the dissenters' notice is not entitled to payment for the member's interest in the limited liability company under this article.
[ 2015 c 188 s 94.]

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Frequently Asked Questions About Washington § 25.15.491

What does Revised Code of Washington § 25.15.491 cover?

Section 25.15.491 ("Member — Payment demand — Entitlement.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 25.15.491?

A common citation format is "Revised Code of Washington § 25.15.491" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 25.15.491 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington 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 Washington.