Georgia § 14-2-1325 - Offer of payment.
Full text of Georgia Official Code of Georgia Annotated § 14-2-1325 — Offer of payment., with citation guidance and answers to common questions.
§ 14-2-1325. Offer of payment.
Except as provided in Code Section 14-2-1327, within ten days of the later of the date the proposed corporate action is taken or receipt of a payment demand, the corporation shall by notice to each dissenter who complied with Code Section 14-2-1323 offer to pay to such dissenter the amount the corporation estimates to be the fair value of his or her shares, plus accrued interest. The offer of payment must be accompanied by: The corporation's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, a statement of changes in shareholders' equity for that year, and the latest available interim financial statements, if any; A statement of the corporation's estimate of the fair value of the shares; An explanation of how the interest was calculated; A statement of the dissenter's right to demand payment under Code Section 14-2-1327; and A copy of this article. If the shareholder accepts the corporation's offer by written notice to the corporation within 30 days after the corporation's offer or is deemed to have accepted such offer by failure to respond within said 30 days, payment for his or her shares shall be made within 60 days after the making of the offer or the taking of the proposed corporate action, whichever is later. (Code 1981, § 14-2-1325 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 59; Ga. L. 1993, p. 1231, § 18.) Law reviews. - For article, "Business Associations," see 63 Mercer L. Rev. 83 (2011).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 14-2-1325
What does Official Code of Georgia Annotated § 14-2-1325 cover?
Section 14-2-1325 ("Offer of payment.") 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 § 14-2-1325?
A common citation format is "Official Code of Georgia Annotated § 14-2-1325" (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 § 14-2-1325 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.