Legal Question in Business Law in Georgia
as a business with only 2 partners in which one of the partners has sold his 50% stake to the other partner who now owns 100% shares, is it necessary to file the Resolution of the Board and or the Shareholders? or will the certificate of Amendment suffice?
Asked on 8/27/15, 2:27 pm
1 Answer from Attorneys
Glenn M. Lyon, Esq.
MacGREGOR LYON, LLC, Business Attorneys
Even though there is only one person to make the decision, it is still advisable to maintain written consents for the board and shareholder decisions.
www.macgregorlyon.com
Answered on 8/27/15, 2:33 pm
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