TITLE 14
CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
ARTICLE 7
MEETINGS
14-3-707. Record date.
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The bylaws may fix or provide the manner of fixing the record date to determine the members entitled to notice of a members' meeting, to demand a special meeting to vote, or to take any other action.If the bylaws do not fix or provide for fixing such a record date, the board may fix a future date as such a record date.
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A record date fixed under this Code section may not be more than 70 days before the meeting or action requiring a determination of members.
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A determination of members entitled to notice of or to vote at a membership meeting is effective for any adjournment of the meeting unless the board fixes a new record date, which it must do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.
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If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.
(Code 1981, §14-3-707, enacted by Ga. L. 1991, p. 465, § 1.)