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2021 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
Article 8 - Directors and Officers
Part 1 - Board of Directors
§ 14-3-810. Removal of Director by Court
Universal Citation: GA Code § 14-3-810 (2021)
- The superior court may remove any director of the corporation from office in a proceeding commenced either by the corporation, its members holding at least 10 percent of the voting power of any class, or, in the case of a corporation described in paragraph (2) of subsection (a) of Code Section 14-3-1302, the Attorney General, if the court finds that:
- The director engaged in fraudulent or dishonest conduct, or gross abuse of authority or discretion, with respect to the corporation, or a final judgment has been entered finding that the director has violated a duty set forth in Code Section 14-3-830 or 14-3-831, or the director has been subjected to sanction for participation in a "director's conflicting interest transaction" as defined in paragraph (2) of Code Section 14-3-860; and
- Removal is in the best interest of the corporation.
- The court that removes a director may bar the director from serving on the board for a period prescribed by the court.
- If members or the Attorney General commence a proceeding under subsection (a) of this Code section, the corporation shall be made a party defendant.
(Code 1981, §14-3-810, enacted by Ga. L. 1991, p. 465, § 1.)
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