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2018 Georgia Code 46-3-290 | Car Wreck Lawyer

TITLE 46 PUBLIC UTILITIES AND PUBLIC TRANSPORTATION

Section 3. Electrical Service, 46-3-1 through 46-3-541.

ARTICLE 4 ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES

46-3-290. Management of business and affairs of electric membership corporation by board of directors; knowledge of limitations on directors' authority required; qualifications; compensation and reimbursement for expenses.

  1. Subject to the provisions of the articles of incorporation or the bylaws, the business and affairs of an electric membership corporation shall be managed by a board of directors.
  2. No limitation upon the authority which the directors would have in the absence of such limitation, whether contained in the articles of incorporation, bylaws, or otherwise, shall be effective against persons, other than members and directors, who are without actual knowledge of such limitation.
  3. Directors shall be natural persons of the age of 18 years or over. The articles of incorporation or bylaws may prescribe additional qualifications for directors.
  4. The compensation, if any, of directors for their services as such shall be on a per diem basis and, unless otherwise provided in the bylaws, shall be fixed by the board of directors. Directors also shall be entitled to reimbursement of expenses actually and necessarily incurred by them in the performance of their duties.

(Ga. L. 1937, p. 644, § 11; Ga. L. 1950, p. 233, § 1; Ga. L. 1975, p. 783, § 1; Code 1933, § 34C-601, enacted by Ga. L. 1981, p. 1587, § 1.)

Cases Citing O.C.G.A. § 46-3-290

Total Results: 2  |  Sort by: Relevance  |  Newest First

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Bobo v. State, 349 S.E.2d 690 (Ga. 1986).

Cited 62 times | Published | Supreme Court of Georgia | Oct 29, 1986 | 256 Ga. 357

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Rigby v. Boatright, 294 Ga. 253 (Ga. 2013).

Cited 4 times | Published | Supreme Court of Georgia | Nov 25, 2013 | 751 S.E.2d 851, 2013 Fulton County D. Rep. 3668

...electrical energy and service to its members. OCGA § 46-3-200 (1)."2). Although the relevant statutes contemplate that Satilla be governed by a board of directors, the qualifications of directors are largely left to Satilla’s *256bylaws, see OCGA § 46-3-290 (c),3 as are many of the other details governing the selection and service of the board of directors. See OCGA §§ 46-3-290-46-3-295. Decided November 25, 2013. Kenneth E....
...(3) To engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy; and (4) To engage in any lawful act or activity necessary or convenient to effect the foregoing purposes. OCGA § 46-3-290 reads: (a) Subject to the provisions of the articles of incorporation or the bylaws, the business and affairs of an electric membership corporation shall be managed by a board of directors. (b) No limitation upon the authority which the...