Georgia Statutes

§ 14-2-1022 — Bylaw increasing quorum or voting requirement for directors

Georgia·Title 14
(a)Unless provided otherwise in the articles of incorporation or the bylaws, a bylaw that fixes a greater quorum or voting requirement for the board of directors:
(1)May be adopted, amended, or repealed by the shareholders only by the affirmative vote of a majority of the votes entitled to be cast; or (2) May be adopted, amended, or repealed by the directors only by a majority of the entire board of directors.
(b)A bylaw adopted or amended by the shareholders that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended or repealed only by a specified vote of either the shareholders or the board of directors.

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Related

Ronald O. Pelletier v. Gary D. Zweifel, Ronald O. Pelletier v. Gary D. Zweifel
921 F.2d 1465 (Eleventh Circuit, 1991)
382 case citations

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