Georgia § 14-2-1111 - Additional business combination approval.
Full text of Georgia Official Code of Georgia Annotated § 14-2-1111 — Additional business combination approval., with citation guidance and answers to common questions.
§ 14-2-1111. Additional business combination approval.
In addition to any vote otherwise required by law or the articles of incorporation of the corporation, a business combination shall be: Unanimously approved by the continuing directors, provided that the continuing directors constitute at least three members of the board of directors at the time of such approval; or Recommended by at least two-thirds of the continuing directors and approved by a majority of the votes entitled to be cast by holders of voting shares, other than voting shares beneficially owned by the interested shareholder who is, or whose affiliate is, a party to the business combination. (Code 1981, § 14-2-1111 , enacted by Ga. L. 1988, p. 1070, § 1.)
Frequently Asked Questions About Georgia § 14-2-1111
What does Official Code of Georgia Annotated § 14-2-1111 cover?
Section 14-2-1111 ("Additional business combination approval.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-2-1111?
A common citation format is "Official Code of Georgia Annotated § 14-2-1111" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-2-1111 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.