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Official Code of Georgia Annotated

Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION · Chapter 3. ELECTRICAL SERVICE · Article 4. ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES · Part 6. DIRECTORS AND OFFICERS

46-3-300. Dissent by a director.

Active

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

  1. A director of an electric membership corporation who is present at a meeting of the electric membership corporation’s board of directors at which action on any corporate matter is taken shall be presumed to have assented to the action unless:

  2. (1)

    He votes against such action if a vote is taken; and#

  3. (2)

    His dissent is entered in the minutes of the meeting, or he files his written dissent to such action with the person acting as secretary of the meeting before the adjournment thereof, or he forwards such dissent by registered or certified mail or statutory overnight delivery to the secretary of the electric membership corporation within 48 hours after the adjournment of the meeting.#

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 1933, § 34C-615, enacted by Ga. L. 1981, p. 1587, § 1; Ga. L. 2000, p. 1589, § 3.

Read the official page (the state's PDF, opened at the page this text was read from).

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

Text read from t46-(v34)-2025-pdf.pdf, Volume V34, 2025 edition, page 294; merge action: bound only; file SHA-256 53ab60ae5027.