{"data":{"id":"us-ga/o.c.g.a.-14-2-932","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-932","heading":"Effect of termination of statutory close corporation status.","body":"(a) A corporation that terminates its status as a statutory close corporation is thereafter subject to all provisions of this chapter or, if incorporated under Chapter 7 of this title, known as the “Georgia Professional Corporation Act,” to all provisions of that chapter.\n(b) Termination of statutory close corporation status does not affect any right of a shareholder or of the corporation under an agreement, the bylaws, or the articles of incorporation unless this article, this chapter, or another law of this state invalidates the right.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 9 Close Corporations","PART 4 Reorganization and Termination"],"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":"c415b45efa388217067353f3ffc23aae9837ad25839f155ed1068522712bea1a","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-931","next":"us-ga/o.c.g.a.-14-2-933"},"notice":"GroundRules: Original legal text. Not legal advice."}