O.C.G.A.

O.C.G.A. § 14-2-729 (2019)

Adjournment of meeting by majority of voting shares

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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The holders of a majority of the voting shares represented at a meeting, whether or not a quorum is present, may adjourn such meeting from time to time.

History

(Code 1981, § 14-2-729, enacted by Ga. L. 1989, p. 946, § 26.)

Annotations

Law reviews. - For article, ‘‘Some Distinctive Features of the Georgia Busi-

ness Corporation Code,’’ 28 Ga. St. B. J. 101 (1991).

COMMENT Source: Former § 14-2-166(d). This Code section was added in 1989 to preserve prior Georgia law that explicitly provides for adjournment for lack of a quorum. Repeated adjournments are permitted by this section. Cross-References Quorum of shareholders, see § 14-2-725.