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Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17

O.C.G.A. § 7-1-572: Right of shareholder to dissent.

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Where this section sits in the code
  1. TITLE 7 Banking And Finance
  2. CHAPTER 1 Financial Institutions
  3. Article 2 Banks and Trust Companies
  4. PART 16 Sale and Other Disposition of Assets

A shareholder of a bank or trust company shall have the right to dissent from any sale, lease, exchange, or other disposition of all, or substantially all, the property and assets of a bank or trust company pursuant to Code Section 7-1-571, except for a sale wholly for cash pursuant to a plan by which all, or substantially all, of the net proceeds of the sale will be distributed to the shareholders in accordance with their respective interests within one year after the date of the sale. The shareholders’ right of dissent shall be exercised as provided in Chapter 2 of Title 14, known as the “Georgia Business Corporation Code.”

Collected 2026-09-17T19:34:57Z. Source file · JSON

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