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O.C.G.A. § 14-2-729 — Adjournment of meeting by majority of voting shares | Georgia Code

O.C.G.A. § 14-2-729 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 14 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Section 2. Business Corporations, 14-2-101 through 14-2-1703.

ARTICLE 7 SHAREHOLDERS

14-2-729. Adjournment of meeting by majority of voting shares.

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.

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

Law reviews.

- For article, "Some Distinctive Features of the Georgia Business 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.

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