Georgia Code, Title 14, Chapter 11, Article 10 - Dissenters' Rights
§ 14-11-1001 - Definitions
As used in this article, the term: (1) "Beneficial member" means the person who is a beneficial owner of the membership interest held in...
§ 14-11-1002 - Right to Dissent
(a) Unless otherwise provided by the articles of organization or a written operating agreement, a record member of the limited liability company is entitled...
§ 14-11-1003 - Notice of Dissenters' Rights
(a) If proposed limited liability company action creating dissenters' rights under Code Section 14-11-1002 is submitted to a vote at a members' meeting, the...
§ 14-11-1004 - Notice of Intent to Demand Payment
(a) If proposed limited liability company action creating dissenters' rights under Code Section 14-11-1002 is submitted to a vote at a members' meeting, a...
§ 14-11-1005 - Dissenters' Notice
(a) If proposed limited liability company action creating dissenters' rights under Code Section 14-11-1002 is authorized at a members' meeting, the limited liability company...
§ 14-11-1006 - Duty to Demand Payment
(a) A record member sent a dissenters' notice described in Code Section 14-11-1005 must demand payment and deposit his or her certificates for certificated...
§ 14-11-1007 - Membership Interest Restrictions
(a) The limited liability company may restrict the transfer of uncertificated membership interests from the date the demand for their payment is received until...
§ 14-11-1008 - Offer of Payment
(a) Except as provided in Code Section 14-11-1010, within ten days of the later of the date the proposed limited liability company action is...
§ 14-11-1009 - Failure to Take Action
(a) If the limited liability company does not take the proposed action within 60 days after the date set for demanding payment and depositing...
§ 14-11-1011 - Court Action
(a) If a demand for payment under Code Section 14-11-1010 remains unsettled, the limited liability company shall commence a proceeding within 60 days after...
§ 14-11-1012 - Court Costs and Counsel Fees
(a) The court in an appraisal proceeding commenced under Code Section 14-11-1011 shall determine all costs of the proceeding, including the reasonable compensation and...
§ 14-11-1013 - Limitation of Actions
No action by any dissenter to enforce dissenters' rights shall be brought more than three years after the limited liability company action was taken,...