TITLE 33 INSURANCE

Section 16. Farmers' Mutual Fire Insurance Companies, 33-16-1 through 33-16-22.

ARTICLE 7 MISCELLANEOUS PROVISIONS

33-16-6. Board of directors generally.

In companies organized under this chapter, the number of directors shall be not less than three. A majority of the board of directors shall be a quorum for the transaction of business. No person shall be or act as a director of the insurer who does not have currently effective insurance in force in the insurer.

(Code 1933, § 56-2013, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)