{"data":{"id":"us-ga/o.c.g.a.-14-2-1111","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-1111","heading":"Additional business combination approval.","body":"In addition to any vote otherwise required by law or the articles of incorporation of the corporation, a business combination shall be:\n(1) Unanimously approved by the continuing directors, provided that the continuing directors constitute at least three members of the board of directors at the time of such approval; or\n(2) Recommended by at least two-thirds of the continuing directors and approved by a majority of the votes entitled to be cast by holders of voting shares, other than voting shares beneficially owned by the interested shareholder who is, or whose affiliate is, a party to the business combination.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 11 Merger and Share Exchange","PART 2 Fair Price Requirements"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.14.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"8eff6ab64c44456881af82f91a639785b523e5d764b008fdeae9b22a319d3f15","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-1110","next":"us-ga/o.c.g.a.-14-2-1112"},"notice":"GroundRules: Original legal text. Not legal advice."}