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2025 Code of Georgia
Title 14 - Corporations, Partnerships, and Associations (Chs. 1 — 11)
Chapter 2 - Business Corporations (Arts. 1 — 18)
Article 13 - Dissenters’ Rights (Pts. 1 — 3)
Part 2 - Procedure for Exercise of Dissenters’ Rights (§§ 14-2-1320 — 14-2-1327)
Annotations
JUDICIAL DECISIONS
Editor’s notes.In light of the similarity of the statutory provisions, decisions under former Code Section 14-2-251, are included in the annotations for this Code section.
Accepting benefit of merger precludes attack on its validity. —Minority shareholders who failed to appeal the denial of their motion to enjoin a merger and chose to tender their shares at the offered price and accept the benefit of the merger, thereby abandoned their statutory rights and were barred from subsequently attacking the validity of the merger. Columbus Mills, Inc. v. Kahn, 259 Ga. 80, 377 S. E.2d 153, 1989 Ga. LEXIS 130 (1989) (decided under former § 14-2-251).
Research References & Practice Aids
RESEARCH REFERENCES Am. Jur. 2d.19 Am. Jur. 2d, Corporations, §§ 2192 et seq.
Hierarchy Notes:O. C. G. A. Title 14
O. C. G. A. Title 14, Ch. 2
O. C. G. A. Title 14, Ch. 2, Art. 13
Universal Citation:
O.C.G.A. Title 14, Ch. 2, Art. 13, Pt. 2
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- § 14-2-1320. Notice of dissenters’ rights
- § 14-2-1321. Notice of intent to demand payment
- § 14-2-1322. Dissenters’ notice
- § 14-2-1323. Duty to demand payment
- § 14-2-1324. Share restrictions
- § 14-2-1325. Offer of payment
- § 14-2-1326. Failure to take action
- § 14-2-1327. Procedure if shareholder dissatisfied with payment or offer
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