2010 Georgia Code 14-2-808 Case Law
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One Click Case Law for § 14-2-808
O.C.G.A. § 14-2-807 <-- --> O.C.G.A. §14-2-809



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 2 - BUSINESS CORPORATIONS
ARTICLE 8 - DIRECTORS AND OFFICERS
PART 1 - BOARD OF DIRECTORS
§ 14-2-808 - Removal of directors by shareholders

O.C.G.A. 14-2-808 (2010)
14-2-808. Removal of directors by shareholders


(a) The shareholders may remove one or more directors with or without cause unless the articles of incorporation or a bylaw adopted by the shareholders provides that directors may be removed only for cause.

(b) If a director is elected by a voting group of shareholders, only the shareholders of that voting group may participate in the vote to remove him.

(c) If cumulative voting is authorized, a director may not be removed if the number of votes sufficient to elect him under cumulative voting is voted against his removal. If cumulative voting is not authorized, a director may be removed only by a majority of the votes entitled to be cast.

(d) If the directors have staggered terms as provided in Code Section 14-2-806, directors may be removed only for cause, unless the articles of incorporation or a bylaw adopted by the shareholders provides otherwise.

(e) A director may be removed by the shareholders only at a meeting called for the purpose of removing him and the meeting notice must state that the purpose, or one of the purposes, of the meeting is removal of the director.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com