Current through 2021-2022 Regular Session Chapter 884
Section 14-2-701 - Annual meeting(a) A corporation shall hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws.(b)(1) Except as provided for in paragraph (2) of this subsection, annual shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, annual shareholders' meetings shall be held at the corporation's principal office.(2) Unless the articles of incorporation or the bylaws provide otherwise, the board of directors may determine that an annual shareholders' meeting may be held wholly or partially by means of remote communication as authorized by Code Section 14-2-708.(c) The failure to hold an annual meeting at the time stated in or fixed in accordance with a corporation's bylaws does not affect the validity of any corporate action.Amended by 2021 Ga. Laws 31,§ 1, eff. 4/27/2021.Amended by 2021 Ga. Laws 37,§ 1, eff. 4/29/2021.