2019 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 7 - Shareholders
Part 2 - Voting
§ 14-2-726. Action by single and multiple voting groups

Universal Citation: GA Code § 14-2-726 (2019)
  • (a) If the articles of incorporation or this chapter provides for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in Code Section 14-2-725.

  • (b) If the articles of incorporation or this chapter provides for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in Code Section 14-2-725. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

History:

Code 1981, § 14-2-726, enacted by Ga. L. 1988, p. 1070, § 1.

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