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2023 CODE OF GEORGIA
Title 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS (§§ 14-1-101 — 14-11-1109)
Chapter 3 - NONPROFIT CORPORATIONS (§§ 14-3-101 — 14-3-1703)
Article 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS (§§ 14-3-1001 — 14-3-1042)
Part 1 - AMENDMENT OF ARTICLES OF INCORPORATION (§§ 14-3-1001 — 14-3-1008)
Section 14-3-1001 - Authority of corporation to amend
Universal Citation:
GA Code § 14-3-1001 (2023)
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- (a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles or to delete a provision not required in the articles. Whether a provision is required or permitted in the articles is determined as of the effective date of the amendment.
- (b) Except as provided in the articles of incorporation, a member of a corporation does not have a vested property right resulting from any provision in the articles, including provisions relating to management, control, purpose, or duration of the corporation.
- (c) Subsection (b) of this Code section shall not apply to vested real property rights of members of a corporation, including a property owners' association, established pursuant to a recorded declaration of covenants or any other recorded agreement between the corporation and all of its members.
Amended by 2023 Ga. Laws 260,§ 1-1, eff. 7/1/2023.
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