From and after the effective date of any amendment described in Code Section 14-3-1040, the corporation shall be subject to and governed by the provisions of Chapter 2 of this title, the "Georgia Business Corporation Code."
(Code 1981, §14-3-1042, enacted by Ga. L. 1991, p. 465, § 1.)
Cross references.- Georgia Business Corporation Code, § 14-2-101 et seq.
COMMENTThis section has no counterpart in the Business Code or the Model Act. It establishes the rule that a corporation that amends its articles in conformity with section 14-3-1040 will be governed by the Business Code, rather than this Code, from and after the effective date of the amendment.
ARTICLE 11 MERGER
Law reviews.
- For note, "The Cost of Appraisal Rights: How to Restore Certainty in Delaware Mergers," see 52 Ga. L. Rev. 651 (2018).