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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 2. BUSINESS CORPORATIONS · Article 13. DISSENTERS’ RIGHTS · Part 1. RIGHT TO DISSENT AND OBTAIN PAYMENT FOR SHARES

14-2-1303. Dissent by nominees and beneficial owners.

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

  1. A record shareholder may assert dissenters’ rights as to fewer than all the shares registered in his name only if he dissents with respect to all shares beneficially owned by any one beneficial shareholder and notifies the corporation in writing of the name and address of each person on whose behalf he asserts dissenters’ rights. The rights of a partial dissenter under this Code section are determined as if the shares as to which he dissents and his other shares were registered in the names of different shareholders.

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.

History

Code 1981, § 14-2-1303, enacted by Ga. L. 1988, p. 1070, § 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 460; merge action: carried; file SHA-256 f2fad2b71b39.

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O.C.G.A. § 14-2-1303. Dissent by nominees and beneficial owners. | Georgia Commons