Title 14, Chapter 2, Section 1321
( 14-2-1321)
(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. |