---
title: O.C.G.A. § 14-2-1005. Amendment before issuance of shares.
collection: code
id: 14-2-1005
cite_as: O.C.G.A. § 14-2-1005 (2025)
canonical_url: https://georgiacommons.org/code/14-2-1005
md_url: https://georgiacommons.org/code/14-2-1005.md
text_url: https://georgiacommons.org/code/14-2-1005/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=366
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-2.md
previous: https://georgiacommons.org/code/14-2-1004.md
next: https://georgiacommons.org/code/14-2-1006.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / BUSINESS CORPORATIONS / AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS / AMENDMENT OF ARTICLES OF INCORPORATION
---

# O.C.G.A. § 14-2-1005. Amendment before issuance of shares.

(a) If a corporation has not yet issued shares, its incorporators or board of directors may adopt one or more amendments to the corporation’s articles of incorporation.

(b) If any amendment before shares are issued makes a material change in the articles of incorporation, nonassenting subscribers for shares shall be entitled to rescind their subscriptions.

## History

Code 1981, § 14-2-1005, enacted by Ga. L. 1988, p. 1070, § 1.