Court-Ordered Meeting
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Law
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Georgia Code
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Corporations, Partnerships, and Associations
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Business Corporations
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Shareholders
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Meetings
- Court-Ordered Meeting
- The superior court of the county where a corporation's registered office is located may summarily order a meeting to be held:
- On application of any shareholder of the corporation if an annual meeting was not held within the earlier of six months after the end of a fiscal year of the corporation or 15 months after its last annual meeting; or
- On application of a shareholder who signed a demand for a special meeting valid under Code Section 14-2-702, if:
- Notice of the special meeting was not given within 30 days after the date the demand was delivered to the corporation's secretary; or
- The special meeting was not held in accordance with the notice.
- After notice to the corporation, the superior court may order that the meeting be deemed an annual meeting or a special meeting.
(Code 1981, §14-2-703, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 22; Ga. L. 1993, p. 1231, § 6.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 18A Am. Jur. 2d, Corporations, §§ 966 et seq.
C.J.S. - 18 C.J.S., Corporations, §§ 479, 480.
ALR.
- Remedies to restrain or compel holding of stockholders' meeting, 48 A.L.R. 615.
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