One Click Case Law for § 14-2-1326
O.C.G.A. § 14-2-1325 <-- --> O.C.G.A. §14-2-1327

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
§ 14-2-1326 - Failure to take action

O.C.G.A. 14-2-1326 (2010)
14-2-1326. Failure to take action


(a) If the corporation does not take the proposed action within 60 days after the date set for demanding payment and depositing share certificates, the corporation shall return the deposited certificates and release the transfer restrictions imposed on uncertificated shares.

(b) If, after returning deposited certificates and releasing transfer restrictions, the corporation takes the proposed action, it must send a new dissenters' notice under Code Section 14-2-1322 and repeat the payment demand procedure.