14-2-843. Resignation and removal of officers.

Code 1981, § 14-2-843, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1995, p. 482, § 5; Ga. L. 1996, p. 1203, § 4; Ga. L. 2004, p. 508, § 16; Ga. L. 2016, p. 225, § 1-9/SB 128.

For article, ‘‘The Dynamics Among Shareholders, Directors, and Officers in Corporate Organizations Under Georgia Law,’’ see 37 Mercer L. Rev. 79 (1985).

The 2016 amendment, effective July 1, 2016, in subsection (a), in the first sentence, substituted ‘‘notice to the corporation’’ for ‘‘notice in writing or by electronic transmission’’, and substituted ‘‘is delivered unless the notice specifies a future later effective time’’ for ‘‘is effective unless the notice specifies a future effective date’’ in the second sentence; and substituted the present provisions of subsection (b) for the former provisions, which read: ‘‘A board of directors may remove any officer at any time with or without cause. Unless the bylaws provide otherwise, any officer or assistant officer appointed by an authorized officer pursuant to subsection (b) of Code Section 14-2-840 may be removed at any time with or without cause by any officer having authority to appoint such officer or assistant officer.’’