Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 14-2-623: Corporations, Partnerships, and Associations — O.C.G.A. § 14-2-623
What this law says, in plain English
This statute governs how corporations may issue share dividends to shareholders. It sets conditions for issuing shares of one class as dividends to shareholders of another class, establishes record-date procedures, and addresses treatment of treasury shares in dividend declarations.
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