History. Code 1981, § 14-2-1302 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 58; Ga. L. 1999, p. 405, § 11; Ga. L. 2003, p. 897, § 11; Ga. L. 2006, p. 825, § 16/SB 469; Ga. L. 2019, p. 474, § 4/SB 156; Ga. L. 2020, p. 305, § 2-2/HB 230.
The 2019 amendment, effective July 1, 2019, added paragraph (a)(6).
The 2020 amendment, effective January 1, 2021, deleted “or” at the end of paragraph (a)(4); added paragraph (a)(5); redesignated former paragraph (a)(5) as present paragraph (a)(6); and substituted “the bylaws” for “bylaws” in the middle of paragraph (a)(6).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2003, “unless: (i) The corporation” was substituted for “unless the corporation: (i)”, “(ii) Each” was substituted for “(ii) each”, and “(iii) The” was substituted for “(iii) the” in subparagraph (a)(1)(A).
Pursuant to Code Section 28-9-5, in 2019, “or” was deleted at the end of subparagraph (a)(4) and “; or” was substituted for a period at the end of subparagraph (a)(5).
Pursuant to Code Section 28-9-5, in 2020, former subparagraphs (a)(5) and (a)(6) were redesignated as present subparagraphs (a)(6) and (a)(7), “or” was deleted at the end of subparagraph (a)(5), and “; or” was substituted for a period at the end of subparagraph (a)(6).
Law reviews.
For article, “Why Discounts are Now Inappropriate Under Georgia’s Dissenters’ Rights Statute,” see 6 Ga. St. B. J. 12 (2001).
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).
For article, “2019 Georgia Corporation and Business Organization Case Law Developments,” see 25 Ga. St. B.J. 30 (June 2020).