GroundRules
O.C.G.A. § 14-2-1005: Amendment before issuance of shares.
Where this section sits in the code
- TITLE 14 Corporations, Partnerships, and Associations
- CHAPTER 2 Business Corporations
- Article 10 Amendment of Articles of Incorporation and Bylaws
- PART 1 Amendment of Articles of Incorporation
(a) If a corporation has not yet issued shares, its incorporators or board of directors may adopt one or more amendments to the corporation’s articles of incorporation.
(b) If any amendment before shares are issued makes a material change in the articles of incorporation, nonassenting subscribers for shares shall be entitled to rescind their subscriptions.
Collected 2026-09-17T19:34:57Z. Source file · JSON