2010 Georgia Code 14-2-626 Case Law
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One Click Case Law for § 14-2-626
O.C.G.A. § 14-2-625 <-- --> O.C.G.A. §14-2-627



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 2 - BUSINESS CORPORATIONS
ARTICLE 6 - SHARES AND DISTRIBUTIONS
PART 2 - ISSUANCE OF SHARES
§ 14-2-626 - Shares without certificates

O.C.G.A. 14-2-626 (2010)
14-2-626. Shares without certificates


(a) Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates. The authorization does not affect shares already represented by certificates until they are surrendered to the corporation.

(b) Within a reasonable time after the issue or transfer of shares without certificates, the corporation shall send the shareholder a written statement of the information required on certificates by subsection (b) of Code Section 14-2-625 and, if applicable, Code Section 14-2-627.

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

graham@syfert.com