History. Code 1981, § 14-2-702 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 21; Ga. L. 1997, p. 1165, § 4; Ga. L. 2004, p. 508, § 8; Ga. L. 2021, p. 103, § 2/SB 168; Ga. L. 2021, p. 115, § 2/HB 306.
The 2021 amendments.
The first 2021 amendment, effective April 27, 2021, in subsection (c), designated the existing provisions as paragraph (c)(1), in paragraph (c)(1), substituted “Except as provided for under paragraph (2) of this subsection, special” for “Special” at the beginning of the first sentence and inserted “shareholders”’ in the middle of the second sentence, and added paragraph (c)(2). The second 2021 amendment, effective April 29, 2021, made identical changes.
Editor’s notes.
For application of this statute in 2020, see Executive Orders 03.20.20.02, 04.23.20.02, 05.12.20.02, 05.28.20.02, and 06.11.20.01.
A listing of Executive Orders issued in 2020 can be found at https://gov.georgia.gov/executive-action/executive-orders/2020-executive-orders.
Law reviews.
For article, “Some Distinctive Features of the Georgia Business Corporation Code,” 28 Ga. St. B. J. 101 (1991).