O.C.G.A.
O.C.G.A.

O.C.G.A. § 14-3-822 (2019)

Notice

✓ 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.
Find cases: SyfertCases citing this section GA-LEGlegis.ga.gov (official) JustiaJustia CornellLII Search CasesGoogle Scholar

(a) Unless the articles or bylaws provide otherwise, regular meetings of the board may be held without notice of the date, time, place, and purpose of the meeting.

(b) Unless the articles or bylaws provide otherwise, special meetings of the board must be preceded by at least two days' notice to each director of the date, time, and place, but not the purpose, of the meeting.

History

(Code 1981, § 14-3-822, enacted by Ga. L. 1991, p. 465, § 1.)

Annotations

COMMENT This section is based both on the Model Act and on its Business Code counterpart. It establishes the procedures for approving dissolution. Corporations with members entitled to vote on dissolution. If a corporation has members entitled to vote on dissolution, the procedures of subsections (a) and (c) must be satisfied. Corporations without members entitled to vote on dissolution. Corporations that do not have members entitled to vote on dissolution need only follow the procedures outlined in subsections (b) and (c).

RESEARCH REFERENCES Am. Jur. 2d. - 19 Am. Jur. 2d, Corporations, § 2346 et seq. C.J.S. - 10 C.J.S., Beneficial Associa-

tions, § 18. 19 C.J.S., Corporations, §§ 920, 950. 77 C.J.S., Religious Societies, § 137.