Título 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Capítulo 2. BUSINESS CORPORATIONS · Artículo 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Parte 2. AMENDMENT OF BYLAWS
14-2-1020. Amendment by board of directors or shareholders.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
A corporation’s board of directors may amend or repeal the corporation’s bylaws or adopt new bylaws unless:#
- (b)
A corporation’s shareholders may amend or repeal the corporation’s bylaws or adopt new bylaws even though the bylaws may also be amended or repealed by its board of directors; provided, however, that unless the articles of incorporation provide otherwise, the shareholders may not amend (but may repeal) a bylaw adopted by the board of directors pursuant to subsection (a) of Code Section 14-2-728 or adopt a bylaw changing the plurality standard for the election of directors set forth in such subsection.#
- (c)
A bylaw establishing staggered terms for directors may only be adopted, amended, or repealed by the shareholders.#
- (d)
A bylaw limiting the authority of the board of directors may only be adopted pursuant to an agreement meeting the requirements of Code Section 14-2-732.#
- (e)
Bylaws adopted by the incorporators or board of directors prior to the issuance of any of the corporation’s shares may be amended by the incorporators or the board of directors prior to the issuance of any of the corporation’s shares.#
History
Code 1981, § 14-2-1020, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1993, p. 1231, § 12; Ga. L. 2000, p. 1567, § 9; Ga. L. 2008, p. 253, § 5/SB 436.
Law reviews
For article, ‘‘Some Distinctive Features of the Georgia Business Corporation Code,’’ 28 Ga. St. B. J. 101 (1991). For survey article on business associations, see 60 Mercer L. Rev. 35 (2008). For note on 2000 amendment of O.C.G.A. § 14-2-1020, see 17 Ga. St. U. L. Rev. 46 (2000).
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t14-(v12)-2017-pdf.pdf, Volumen V12, edición 2017, página 373; acción de fusión: carried; SHA-256 del archivo f2fad2b71b39.