---
title: O.C.G.A. § 14-2-1324. Share restrictions.
collection: code
id: 14-2-1324
cite_as: O.C.G.A. § 14-2-1324 (2025)
canonical_url: https://georgiacommons.org/code/14-2-1324
md_url: https://georgiacommons.org/code/14-2-1324.md
text_url: https://georgiacommons.org/code/14-2-1324/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=467
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/14-2-1323.md
next: https://georgiacommons.org/code/14-2-1325.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 / DISSENTERS’ RIGHTS / PROCEDURE FOR EXERCISE OF DISSENTERS’ RIGHTS
---

# O.C.G.A. § 14-2-1324. Share restrictions.

(a) The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions released under Code Section 14-2-1326.

(b) The person for whom dissenters’ rights are asserted as to uncertificated shares retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action.

## History

Code 1981, § 14-2-1324, enacted by Ga. L. 1988, p. 1070, § 1.