(a) If proposed limited liability company action creating dissenters' rights under Code Section 14-11-1002 is submitted to a vote at a members' meeting, a record member who wishes to assert dissenters' rights: (1) Must deliver to the limited liability company before the vote
is taken written notice of his or her intent to demand payment for
his or her membership interest if the proposed action is
effectuated; and (2) Must not vote his or her membership interest in favor of the
proposed action. (b) A record member who does not satisfy the requirements of
subsection (a) of this Code section is not entitled to payment for
his or her membership interest under this article. |