{"data":{"id":"us-ga/o.c.g.a.-14-2-742","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-742","heading":"Demand.","body":"A shareholder may not commence a derivative proceeding until:\n(1) A written demand has been made upon the corporation to take suitable action; and\n(2) Ninety days have expired from the date the demand was made unless the shareholder has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the 90 day period.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 7 Shareholders","PART 4 Derivative Proceedings"],"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":"529635c1d8fbc93d060bd75a0377b0fae34896613eac5856dd5a8b84a1308bc1","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-741","next":"us-ga/o.c.g.a.-14-2-743"},"notice":"GroundRules: Original legal text. Not legal advice."}