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2016 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 10 - Amendment of Articles of Incorporation and Bylaws
Part 1 - Amendment of Articles of Incorporation
§ 14-2-1005. Amendment before issuance of shares

GA Code § 14-2-1005 (2016) What's This?

(a) If a corporation has not yet issued shares, its incorporators or board of directors may adopt one or more amendments to the corporation's articles of incorporation.

(b) If any amendment before shares are issued makes a material change in the articles of incorporation, nonassenting subscribers for shares shall be entitled to rescind their subscriptions.

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