Text: H08289 Text: H08291 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2335 as follows: 1 2 #1. Page 8, by inserting after line 23 the 1 3 following: 1 4 "Sec. ___. NEW SECTION. 10.8A DISSENTING MEMBERS 1 5 AND SHAREHOLDERS. 1 6 If a farmers cooperative association is acquiring 1 7 agricultural land or acquiring an interest in a 1 8 farmers entity, a member or shareholder of the farmers 1 9 cooperative association may dissent, by filing a 1 10 demand within twenty days after the farmers 1 11 cooperative association acquires the agricultural land 1 12 or the interest in the farmers entity. The farmers 1 13 cooperative association shall pay to the member or 1 14 shareholder, upon surrender of that person's 1 15 certificate of membership or shares of stock, the fair 1 16 value of that member's or shareholder's interest as 1 17 provided in section 499.66 as if a member were 1 18 dissenting to a merger or consolidation. A member or 1 19 shareholder who fails to make demand within the 1 20 twenty-day period is conclusively presumed to have 1 21 consented to the acquisition." 1 22 1 23 1 24 1 25 KOENIGS of Mitchell 1 26 HF 2335.701 77 1 27 da/sc/28
Text: H08289 Text: H08291 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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