Delaware Code § 6-18-210

No statutory appraisal rights
Open in Lexace · Ask the AI about this section
Unless otherwise provided in a limited liability company agreement or an agreement of merger or consolidation or a plan of merger or
a plan of division, no appraisal rights shall be available with respect to a limited liability company interest or another interest in a limited
liability company, including in connection with any amendment of a limited liability company agreement, any merger or consolidation
in which the limited liability company or a registered series of the limited liability company is a constituent party to the merger or
consolidation, any division of the limited liability company, any conversion of the limited liability company to another business form, any
conversion of a protected series of the limited liability company to a registered series of such limited liability company, any conversion of
a registered series of the limited liability company to a protected series of such limited liability company, any transfer to or domestication
or continuance in any jurisdiction by the limited liability company, or the sale of all or substantially all of the limited liability company's
assets. The Court of Chancery shall have jurisdiction to hear and determine any matter relating to any appraisal rights provided in a limited
liability company agreement or an agreement of merger or consolidation or a plan of merger or a plan of division.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.