Applicability of Business Corporation Code

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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.

COMMENT

This 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).


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