47-1A-1202.4 Abandonment of disposition.
Abandonment of disposition.
After a disposition has been approved by the
shareholders under § 47-1A-1202.1, and at any time before the disposition has been consummated,
it may be abandoned by the corporation without action by the shareholders, subject to any contractual
rights of other parties to the disposition.
Source: SL 2005, ch 239, § 277.