2010 Georgia Code 14-2-745 Case Law
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Graham W. Syfert, Esq.

1650 Margaret St, Ste. 302, PMB#264
Jacksonville, FL 32204


Phone: 904-383-7448
E-mail: graham@syfert.com
Fax: 904-638-4726

Enter Code Number:
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One Click Case Law for § 14-2-745
O.C.G.A. § 14-2-744 <-- --> O.C.G.A. §14-2-746



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 2 - BUSINESS CORPORATIONS
ARTICLE 7 - SHAREHOLDERS
PART 4 - DERIVATIVE PROCEEDINGS
§ 14-2-745 - Discontinuance or settlement

O.C.G.A. 14-2-745 (2010)
14-2-745. Discontinuance or settlement


A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.

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

graham@syfert.com