O.C.G.A. § 46-3-265 (2019)
Quorum of members; adjournment of meeting by majority of members represented at meeting
(a) Unless otherwise provided in the articles of incorporation or in bylaws adopted by the members, 10 percent of the members entitled to vote shall constitute a quorum at a meeting of members.
(b) If a quorum is present, the affirmative vote of a majority of the members represented at the meeting shall be the act of the membership unless the vote of a greater number is required by this article, the articles of incorporation, or the bylaws.
(c) When a quorum is once present to organize a meeting, the members present may continue to do business at the meeting, or at any adjournment thereof, notwithstanding the withdrawal of enough members to leave less than a quorum.
(d) A majority of the members represented at a meeting, whether or not a quorum is present, may adjourn such meeting from time to time.
History
(Code 1933, § 34C-509, enacted by Ga. L. 1981, p. 1587, § 1.)
Annotations
JUDICIAL DECISIONS
Proxy voting amendment violated settlement agreement. - Electric membership corporation (EMC) board's proxy voting bylaw amendment violated the terms of a settlement agreement reached between the EMC and the corporation's members because the amendment significantly changed the conditions under which the parties' agreed-upon plan for proposing proxy voting to the members was implemented. It therefore violated the spirit if not the letter of the agreement in contravention of O.C.G.A. § 13-4-20. Brown v. Pounds, 289 Ga. 338, 711 S.E.2d 646 (2011).
RESEARCH REFERENCES
Am. Jur. 2d. - 19 Am. Jur. 2d, Corporations, §§ 993-998, 1012-1014, 1372, 1373.
C.J.S. - 18 C.J.S., Corporations, § 370.