Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 11. LIMITED LIABILITY COMPANIES · Article 10. DISSENTERS’ RIGHTS

14-11-1003. Notice of dissenters’ rights.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
If proposed limited liability company action creating dissenters’ rights under Code Section 14-11-1002 is submitted to a vote at a members’ meeting, the meeting notice must state that members are or may be entitled to assert dissenters’ rights under this article and be accompanied by a copy of this article.#
(b)
If limited liability company action creating dissenters’ rights under Code Section 14-11-1002 is taken without a vote of members, the limited liability company shall notify in writing all members entitled to assert dissenters’ rights that the action was taken and send them the dissenters’ notice described in Code Section 14-11-1005.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 14-11-1003, enacted by Ga. L. 1993, p. 123, § 1.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, page 1193; merge action: carried; file SHA-256 f2fad2b71b39.