The superior court may dissolve a corporation:
provided, however, that all of the actions described in paragraphs (1) through (3) of this Code section shall be stayed so long as the corporation is contesting, in good faith, in any appropriate proceeding, the alleged grounds for dissolution.
History. Code 1981, § 14-2-1430 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 66.
Law reviews.
For article, “The Development of the Shareholder’s Direct Action Damage Remedy,” see 28 Ga. St. B. J. 195 (1992).
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).