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.
History. Code 1933, § 22-4407, enacted by Ga. L. 1968, p. 565, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 4 - Secretary of State Corporations
Article 8 - Merger and Share Exchange
§ 14-4-145. Appeal From Appraisal
§ 14-4-146. Cessation of Stockholders’ Rights and Transfer of Stock to Corporation
§ 14-4-147. Enforcement Against Corporation of Judgment Determining Value of Stock
§ 14-4-148. Stockholders of Surviving or Resulting Corporation
§ 14-4-149. Article Cumulative of Other Provisions
§ 14-4-150. Recording of Charter of Consolidated or Merged Corporation