351.910. Payment for fair value of shares.
Payment for fair value of shares.
351.910. 1. Except as provided in section 351.920,immediately following the later of the effective date of thecorporate action creating the dissenters' rights, or receipt ofa payment demand, the corporation shall pay each dissenter whocomplied with section 351.900 the amount the corporationestimates to be the fair value of his shares.
2. The payment shall be accompanied by:
(1) The corporation's balance sheet as of the end of afiscal year ending not more than sixteen months before theeffective date of the corporate action creating the dissenters'rights, an income statement for that year, a statement ofchanges in shareholders' equity for that year, and the latestavailable interim financial statements, if any;
(2) A statement of the corporations' estimate of the fairvalue of the shares;
(3) A statement of the dissenters' right to demand paymentunder section 351.925; and
(4) A copy of sections 351.870 to 351.930.
(L. 1990 H.B. 1432)