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O.C.G.A. § 7-2-10 — Conduct of business by incorporators and directors | Georgia Code

O.C.G.A. § 7-2-10 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 7 BANKING AND FINANCE

Section 2. Credit Union Deposit Insurance Corporation, 7-2-1 through 7-2-14.

ARTICLE 13 LICENSING OF MORTGAGE LENDERS AND MORTGAGE BROKERS

7-2-10. Conduct of business by incorporators and directors.

The corporation's business shall be conducted by the incorporators, who shall serve until the organizational meeting of the corporation, at which time not less than three directors shall be elected by the members of the corporation in accordance with the bylaws. Thereafter, the corporation's business shall be conducted by the directors.

(Ga. L. 1974, p. 545, § 9.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 18B Am. Jur. 2d, Corporations, §§ 1345, 1483 et seq.

C.J.S.

- 19 C.J.S., Corporations, §§ 543 et seq.

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This Georgia Code resource is curated by this site's author, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.