{"data":{"id":"us-ga/o.c.g.a.-14-2-1326","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-1326","heading":"Failure to take action.","body":"(a) If the corporation does not take the proposed action within 60 days after the date set for demanding payment and depositing share certificates, the corporation shall return the deposited certificates and release the transfer restrictions imposed on uncertificated shares.\n(b) If, after returning deposited certificates and releasing transfer restrictions, the corporation takes the proposed action, it must send a new dissenters’ notice under Code Section 14-2-1322 and repeat the payment demand procedure.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 13 Dissenters’ Rights","PART 2 Procedure for Exercise of Dissenters’ Rights"],"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":"94a7512f4d4b6b2213671a5bb417725327b7f51a3f24f1a4200017ea460c1a54","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-1325","next":"us-ga/o.c.g.a.-14-2-1327"},"notice":"GroundRules: Original legal text. Not legal advice."}