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2019 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 9 - Close Corporations
Part 3 - Governance
§ 14-2-923. Bylaws
Universal Citation: GA Code § 14-2-923 (2019)
(a) A statutory close corporation need not adopt bylaws if provisions required by law to be contained in bylaws are contained in either the articles of incorporation or a shareholder agreement authorized by Code Section 14-2-920.
(b) If a corporation does not have bylaws when its statutory close corporation status terminates under Code Section 14-2-931, the corporation shall immediately adopt bylaws under Code Section 14-2-206.
Code 1981, § 14-2-923, enacted by Ga. L. 1988, p. 1070, § 1.
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