• § 14-2-910 - Notice of Statutory Close Corporation Status on Issued Shares
  (a) The following statement must appear conspicuously on each share certificate issued by a statutory close corporation: "The rights of shareholders in a statutory...
• § 14-2-911 - Share Transfer Prohibition
  (a) An interest in shares of a statutory close corporation may not be voluntarily or involuntarily transferred, by operation of law or otherwise, except...
• § 14-2-912 - Share Transfer After First Refusal by Corporation
  (a) A person desiring to transfer shares of a statutory close corporation subject to the transfer prohibition of Code Section 14-2-911 must first offer...
• § 14-2-913 - Attempted Share Transfer in Breach of Prohibition
  (a) An attempt to transfer shares in a statutory close corporation in violation of a prohibition against transfer binding on the transferee is ineffective.(b)...
• § 14-2-914 - Compulsory Purchase of Shares After Death of Shareholder
  (a) This Code section and Code Sections 14-2-915 through 14-2-917 apply to a statutory close corporation only if so provided in its articles of...
• § 14-2-915 - Exercise of Compulsory Purchase Right
  (a) A person entitled and desiring to exercise the compulsory purchase right described in Code Section 14-2-914 must deliver a written notice to the...
• § 14-2-916 - Court Action to Compel Purchase
  (a) If an offer to purchase shares made under Code Section 14-2-915 is rejected, or if no offer is made, the person exercising the...
• § 14-2-917 - Court Costs and Other Expenses
  (a) The court in a proceeding commenced under Code Section 14-2-916 shall determine the total costs of the proceeding, including the reasonable compensation and...

Last modified: October 14, 2016