O.C.G.A.

O.C.G.A. § 14-3-207 (2019)

Emergency bylaws

✓ 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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(a) Unless the articles provide otherwise, the directors of a corporation may adopt, amend, or repeal bylaws to be effective only in an emergency defined in subsection (d) of this Code section. The emergency bylaws, which are subject to amendment or repeal by the members, may provide special procedures necessary for managing the corporation during the emergency, including:

(1) How to call a meeting of the board;

(2) Quorum requirements for the meeting; and

(3) Designation of additional or substitute directors.

(b) All provisions of the regular bylaws consistent with the emergency bylaws remain effective during the emergency. The emergency bylaws are not effective after the emergency ends.

(c) Corporate action taken in good faith in accordance with the emergency bylaws:

(1) Binds the corporation; and

(2) May not be used to impose liability on a corporate director, officer, employee, or agent.

(d) An emergency exists for purposes of this Code section if a quorum of the corporation’s directors cannot readily be assembled because of some catastrophic event.

History

(Code 1981, § 14-3-207, enacted by Ga. L. 1991, p. 465, § 1.)

Annotations

RESEARCH REFERENCES ALR. - Rights and remedies in respect of membership in, or establishment and maintenance of local post of, American Legion or other veterans’ organization, 147 ALR 590.

Nonprofit charitable institutions as within operation of labor statutes, 26 ALR2d 1020.