O.C.G.A. § 14-3-206 (2019)
Bylaws
(a) The incorporators or board of directors of a corporation shall adopt bylaws for the corporation.
(b) The bylaws may contain any provision for regulating and managing the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
History
(Code 1981, § 14-3-206, enacted by Ga. L. 1991, p. 465, § 1.)
Annotations
RESEARCH REFERENCES Am. Jur. 2d. - 18A Am. Jur. 2d, Corporations, §§ 252 et seq.
C.J.S. - 7 C.J.S., Associations, § 6. 10 C.J.S., Beneficial Associations, § 21 et
CORPORATIONS & PARTNERSHIPS
seq. 18 C.J.S., Corporations, § 154 et seq. ALR. - Enforceability of invalid corporate bylaw as contract, 159 ALR 290. Provisions of articles or bylaws of nonprofit corporation or association formed by
business competitors whereby the amount of dues of respective members varies according to amount of business done by them, as contrary to public policy, 161 ALR 795.