2010 Georgia Code 14-11-1007 Case Law
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One Click Case Law for § 14-11-1007
O.C.G.A. § 14-11-1006 <-- --> O.C.G.A. §14-11-1008



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 11 - LIMITED LIABILITY COMPANIES
ARTICLE 10 - DISSENTERS' RIGHTS
§ 14-11-1007 - Membership interest restrictions

O.C.G.A. 14-11-1007 (2010)
14-11-1007. Membership interest restrictions


(a) The limited liability company may restrict the transfer of uncertificated membership interests from the date the demand for their payment is received until the proposed limited liability company action is taken or the restrictions are released under Code Section 14-11-1009.

(b) The person for whom dissenters' rights are asserted as to uncertificated membership interests retains all other rights of a member until these rights are canceled or modified by the taking of the proposed limited liability company action.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com