Georgia Commons14-3-1621. Report to members of indemnification or advance of expenses.
The only printed version. Current through: Including Acts of the 2025 Regular Session of the General Assembly.
If a corporation indemnifies or advances expenses to a director under Code Section 14-3-851, 14-3-852, 14-3-853, or 14-3-854 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.