HRS §414-354
What a shareholder must do to get paid for dissenting shares
A shareholder who got a dissenters' notice must ask for payment, state when they bought the shares, and turn in their share certificates by the dates in the notice. If they do not, they lose the right to be paid. Until the company acts, they keep their other shareholder rights.
The statute, as written — Duty to demand payment
(a) A shareholder sent a dissenters' notice described in section 414-353 must demand payment, certify whether the shareholder acquired beneficial ownership of the shares before the date required to be set forth in the [dissenters'] notice pursuant to section 414-353(b)(3), and deposit the shareholder's certificates in accordance with the terms of the notice. (b) The shareholder who demands payment and deposits the shareholder's share certificates under subsection (a) retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action. (c) A shareholder who does not demand payment or deposit the shareholder's share certificates where required, each by the date set in the dissenters' notice, is not entitled to payment for the shareholder's shares under this part.
Sections this one refers to
§414-353 Notice that dissenting shareholders must receive
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