Our Atlanta business attorneys draft and review shareholder agreements for businesses across Georgia. We help protect ownership rights, prevent disputes, and keep your company running smoothly.

When a business is formed as a corporation, one of the most important steps you can take is creating a shareholder agreement. This agreement not only sets rules similar to a buy-sell agreement but also defines the rights, responsibilities, and voting privileges of each shareholder. Without one, companies risk costly disputes, lawsuits, or even dissolution.

At Thrift McLemore, our Atlanta business attorneys help companies across Georgia draft and adopt shareholder agreements that protect ownership interests and strengthen long-term stability.

Why a Shareholder Agreement Matters

A shareholder agreement provides a roadmap for what happens when ownership changes. It can establish how shares will be sold or transferred if a shareholder retires, becomes disabled, passes away, or exits the business for another reason. By setting these terms upfront, remaining shareholders protect their control and ensure the company continues to run smoothly without interruption.

Key Elements of a Georgia Shareholder Agreement

Our Atlanta business law attorneys tailor shareholder agreements to the specific needs of each business. Common provisions include:

• Who may become a shareholder and who must remain a shareholder

• Initial capital contributions and how future contributions are made

• Non-compete restrictions to protect the business

• Fiduciary duties and responsibilities of shareholders

• Stock valuation methods for buyouts or transfers

• Buyout terms and financing arrangements

• Dispute resolution processes for shareholder disagreements

• Ownership percentages and voting rights

• Procedures for electing a board of directors and managing control

We work directly with business owners to determine which provisions fit their company’s structure and long-term goals.

Speak with a Georgia Shareholder Agreement Attorney

Our Atlanta business attorneys understand the challenges that corporations face when ownership structures change or shareholder disputes arise. By creating a clear and enforceable shareholder agreement, we help clients prevent problems before they start and keep their companies moving forward.

Call 678-882-0830 today to schedule a consultation about drafting or updating a shareholder agreement for your Georgia business.