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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 2. BUSINESS CORPORATIONS · Article 7. SHAREHOLDERS · Part 1. MEETINGS

14-2-703. Court-ordered meeting.

Active

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

  1. (a)

    The superior court of the county where a corporation’s registered office is located may summarily order a meeting to be held:#

    1. (1)

      On application of any shareholder of the corporation if an annual meeting was not held within the earlier of six months after the end of a fiscal year of the corporation or 15 months after its last annual meeting; or#

    2. (2)

      On application of a shareholder who signed a demand for a special meeting valid under Code Section 14-2-702, if:#

      1. (A)

        Notice of the special meeting was not given within 30 days after the date the demand was delivered to the corporation’s secretary; or#

      2. (B)

        The special meeting was not held in accordance with the notice.#

  2. (b)

    After notice to the corporation, the superior court may order that the meeting be deemed an annual meeting or a special meeting.#

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, § 14-2-703, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 22; Ga. L. 1993, p. 1231, § 6.

Read the official page (the state's PDF, opened at the page this text was read from).

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 161; merge action: carried; file SHA-256 f2fad2b71b39.