---
title: O.C.G.A. § 14-3-742. Demand for suitable action by corporation required.
collection: code
id: 14-3-742
cite_as: O.C.G.A. § 14-3-742 (2025)
canonical_url: https://georgiacommons.org/code/14-3-742
md_url: https://georgiacommons.org/code/14-3-742.md
text_url: https://georgiacommons.org/code/14-3-742/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-pdf.pdf?sfvrsn=82868bd8_0#page=101
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/14-3.md
previous: https://georgiacommons.org/code/14-3-741.md
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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 / NONPROFIT CORPORATIONS / DERIVATIVE PROCEEDINGS
---

# O.C.G.A. § 14-3-742. Demand for suitable action by corporation required.

(a) No derivative proceeding may be commenced until:

(1) A written demand has been made upon the corporation to take suitable action; and

(2) Ninety days have expired from the date the demand was made unless the complainant has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the 90 day period.

(b) In the case of charitable corporations, the complainant shall deliver a copy of the demand to the Attorney General within ten days of making the demand on the corporation.

## History

Code 1981, § 14-3-742, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

## Amendments

The 2023 amendment, effective July 1, 2023, substituted “In the case of charitable corporations, the complainant” for “In the case of corporations described in subsection (a) of Code Section 14-3-1302, the complainant” in subsection (b).