Current through 2023-2024 Legislative Session Chapters 1-597, 604, 609, 612, 696, 697
Section 14-2-1321 - Notice of intent to demand payment(a) If proposed corporate action creating dissenters' rights under Code Section 14-2-1302 is submitted to a vote at a shareholders' meeting, a record shareholder who wishes to assert dissenters' rights: (1) Must deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated; and(2) Must not vote his shares in favor of the proposed action.(b) A record shareholder who does not satisfy the requirements of subsection (a) of this Code section is not entitled to payment for his shares under this article.