<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="3-212" title_number="3" title_name="Corporations in General -- Extraordinary Actions" subtitle_number="2" subtitle_name="Rights of Objecting Stockholders">
  <text>The successor is not required to pay for the stock of an objecting stockholder or to pay a judgment rendered against it in a proceeding for an appraisal unless, simultaneously with payment:</text>
  <level label="1">
    <text>The certificates representing the stock are surrendered to it, indorsed in blank, and in proper form for transfer; or</text>
  </level>
  <level label="2">
    <text>Satisfactory evidence of the loss or destruction of the certificates and sufficient indemnity bond are furnished.</text>
  </level>
</section>
