Appraisal right is available to dissenting stockholders when the board of directors and stockholders voted to amend the bylaws.Group of answer choicesTrueFalse

In this case, the statement claims that appraisal rights are available to dissenting stockholders when the board of directors and stockholders vote to amend the bylaws.

Analysis

1. Appraisal Rights Defined: Appraisal rights provide shareholders with the right to have their shares valued and to receive compensation if they disagree with certain corporate actions that affect their interests, such as mergers, consolidations, or other structural changes in the company.

2. Context of Bylaw Amendments: Typically, appraisal rights are more commonly associated with significant corporate changes (like mergers or acquisitions) rather than amendments to bylaws. The amendment of bylaws often involves internal governance and policies, which may not trigger appraisal rights.

3. Legal Framework: The specific availability of appraisal rights can depend on the jurisdiction and the particular corporate law applicable in that context. In many jurisdictions, bylaws can be amended without offering appraisal rights to stockholders unless it significantly affects their rights as stockholders.

Conclusion

Based on these considerations, in most situations, dissenting stockholders do not have appraisal rights available to them simply because the bylaws were amended. Therefore, the answer is:

Final Answer: False.