Georgia CommonsTítulo 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Capítulo 3. NONPROFIT CORPORATIONS · Artículo 8. DIRECTORS AND OFFICERS · Parte 1. BOARD OF DIRECTORS
14-3-805. Terms of directors.
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)
The terms of the initial directors of a corporation expire at the first meeting of members or directors for the election of directors or for such other period as may be specified in the articles of incorporation or bylaws. The articles or bylaws may specify the terms of directors. In the absence of any term specified in the articles or bylaws, the term of each director other than initial directors shall be one year. Directors may be elected for successive terms.#
- (b)
A decrease in the number of directors or term of office does not shorten an incumbent director’s term.#
- (c)
A director elected to fill a vacancy shall be elected for the unexpired term of the director’s predecessor in office.#
- (d)
Despite the expiration of a director’s term, the director continues to serve until the director’s successor is elected, designated, or appointed and qualifies, or until there is a decrease in the number of directors.#
History
Code 1981, § 14-3-805, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.
Editor's notes
Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023, reenacted this Code section without change.
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)-pdf.pdf, Volumen V12, edición 2017, suplemento de 2025, páginas 106 a 107; acción de fusión: replaced; SHA-256 del archivo b004123363dc.