TITLE 14 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Section 4. Secretary of State Corporations, 14-4-1 through 14-4-183.

ARTICLE 8 MERGER AND SHARE EXCHANGE

14-4-146. Cessation of stockholders' rights and transfer of stock to corporation.

Upon making demand in writing for the value of his stock under Code Section 14-4-143, a stockholder shall forfeit all rights with respect to such stock except the right to receive payment therefor. Upon payment of the agreed value of the stock or of the value of the stock on final judgment, the stockholder shall transfer his stock to the surviving or resulting corporation.

(Code 1933, § 22-4407, enacted by Ga. L. 1968, p. 565, § 1.)