{"data":{"id":"us-ga/o.c.g.a.-14-3-864","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-3-864","heading":"Effect of court approval of transaction.","body":"In a case involving a corporation described in paragraph (2) of subsection (a) of Code Section 14-3-1302, a transaction that was not the subject of either directors’ action under Code Section 14-3-862 or members’ action under Code Section 14-3-863 is effective for purposes of paragraph (3) subsection (b) of Code Section 14-3-861 if the transaction is approved by the superior court, in an action in which the Attorney General is joined as a party.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 3 Nonprofit Corporations","Article 8 Directors and Officers","PART 6 Conflicting Interest Transactions"],"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":"d119f546be14fc21efa0d8c17db397a8f1a49586703780220dcb70ce2aa69319","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-3-863","next":"us-ga/o.c.g.a.-14-3-865"},"notice":"GroundRules: Original legal text. Not legal advice."}