Exercising Appraisal Rights and Commencing an Appraisal Proceeding: Shareholder Checklist (FL) | Practical Law

Exercising Appraisal Rights and Commencing an Appraisal Proceeding: Shareholder Checklist (FL) | Practical Law

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Exercising Appraisal Rights and Commencing an Appraisal Proceeding: Shareholder Checklist (FL)

by Practical Law Commercial Litigation
MaintainedFlorida
A Checklist discussing the process for shareholders of a Florida corporation that object to certain extraordinary corporate actions to exercise their statutory appraisal rights. This Checklist outlines the steps for corporate shareholders to officially dissent from the objectionable corporate action, elect to have the corporation buy their shares at fair value, and enforce their appraisal rights or dissenters' rights through an appraisal proceeding (also known as a fair value proceeding or valuation proceeding) in Florida circuit court under the Florida Business Corporation Act.