2010 Georgia Code
TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
CHAPTER 2 - BUSINESS CORPORATIONS
ARTICLE 13 - DISSENTERS' RIGHTS
PART 2 - PROCEDURE FOR EXERCISE OF DISSENTERS' RIGHTS
§ 14-2-1321 - Notice of intent to demand payment
. Notice of intent to demand payment
(a) If proposed corporate action creating dissenters' rights under Code Section 14-2-1302
is submitted to a vote at a shareholders' meeting, a record shareholder who wishes to assert dissenters' rights:
(1) Must deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated; and
(2) Must not vote his shares in favor of the proposed action.
(b) A record shareholder who does not satisfy the requirements of subsection (a) of this Code section is not entitled to payment for his shares under this article.
Graham Syfert - Jacksonville Lawyer