---
title: O.C.G.A. § 7-1-397. Organizational meetings.
collection: code
id: 7-1-397
cite_as: O.C.G.A. § 7-1-397 (2025)
canonical_url: https://georgiacommons.org/code/7-1-397
md_url: https://georgiacommons.org/code/7-1-397.md
text_url: https://georgiacommons.org/code/7-1-397/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=232
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / BANKS AND TRUST COMPANIES / INCORPORATION OF BANKS AND TRUST COMPANIES
---

# O.C.G.A. § 7-1-397. Organizational meetings.

(a) After the issuance of the certificate of incorporation by the Secretary of State, a first meeting of the shareholders may be held within this state at the call of the shareholders who were the incorporators, or a majority of them, for the purpose of adopting bylaws or for such other purposes as shall be stated in the notice of the meeting.

(b) After the issuance of the certificate of incorporation by the Secretary of State, an organizational meeting of the board of directors named in the articles shall be held within this state at the call of a majority of the directors for the purpose of adopting bylaws and of electing officers and for transaction of such other business as may come before the meeting. The directors who call the meeting shall give to each director named in the articles at least three days’ written notice of the meeting.

## History

Code 1933, § 41A-1808, enacted by Ga. L. 1974, p. 705, § 1.