Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 2. BUSINESS CORPORATIONS · Article 8. DIRECTORS AND OFFICERS · Part 4. OFFICERS

14-2-840. Officers.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.#
(b)
The board of directors may elect individuals to fill one or more offices of the corporation. A duly appointed officer may appoint one or more officers if authorized by the bylaws or the board of directors.#
(c)
The bylaws or the board of directors shall assign to one of the officers responsibility for preparing the minutes of the directors’ and shareholders’ meetings and for maintaining and authenticating records of the corporation required to be kept under subsections (a) of Code Sections 14-2-1601 and 14-2-1602.#
(d)
The same individual may simultaneously hold more than one office in a corporation.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 14-2-840, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 2016, p. 225, § 1-7/SB 128.

Other notes

The 2016 amendment, effective July 1, 2016, in subsection (b), added the first sentence and deleted ‘‘or assistant officers’’ following ‘‘more officers’’ in the second sentence; in subsection (c), substituted ‘‘shall assign’’ for ‘‘shall delegate’’ near the beginning, inserted ‘‘the’’ following ‘‘preparing’’, inserted ‘‘maintaining and’’ in the middle, and added ‘‘required to be kept under subsections (a) of Code Sections 14-2-1601 and 14-2-1602’’ at the end.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, page 257; merge action: carried; file SHA-256 f2fad2b71b39.

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