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

O.C.G.A. § 7-2-10 (2019)

Conduct of business by incorporators and directors

✓ 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.
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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.

History

Ga. L. 1974, p. 545, § 9.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. 18B Am. Jur. 2d, §§ 1321, 1467 et seq.

Corporations,

C.J.S. 19 C.J.S., Corporations, § 538 et seq.