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Washington Revised Code Title 25. Partnerships § 25.05.460. Merger--Not effective within sixty days--Transfer restrictions

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) If the proposed merger does not become effective within sixty days after the date set for demanding payment, the partnership shall release any transfer restrictions imposed as permitted by RCW 25.05.450.

(2) If, after releasing transfer restrictions, the proposed merger becomes effective, the partnership must send a new dissenters' notice as provided in RCW 25.05.430(2) and 25.05.440 and repeat the payment demand procedure.

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Cite this article: FindLaw.com - Washington Revised Code Title 25. Partnerships § 25.05.460. Merger--Not effective within sixty days--Transfer restrictions - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-25-partnerships/wa-rev-code-25-05-460/

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