Georgia Reduction in Authorized Number of Directors

State:
Multi-State
Control #:
US-CC-14-170D
Format:
Word; 
Rich Text
Instant download

Description

This is a Reduction in Authorized Number of Directors form, to be used across the United States. It is used when either the Shareholders, or the Board of Directors, feels that the number of authorized directors should be reduced by a certain amount.
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(a) No sale of real estate under powers contained in mortgages, deeds, or other lien contracts shall be valid unless the sale shall be advertised and conducted at the time and place and in the usual manner of the sheriff's sales in the county in which such real estate or a part thereof is located and unless notice of ...

(b) An officer may be removed at any time with or without cause by: (1) The board of directors; (2) The officer who appointed such officer, unless the bylaws or the board of directors provide otherwise; or (3) Any other officer if authorized by the bylaws or the board of directors.

Part 1 - Board of Directors. § 14-2-801. Requirement for and Functions of Board of Directors. Except as provided in Article 9 of this chapter or in a written agreement meeting the requirements of Code Section 14-2-732, each corporation must have a board of directors.

(a) Action required or permitted by this chapter to be taken at a shareholders' meeting may be taken without a meeting if the action is taken by all the shareholders entitled to vote on the action or, if so provided in the articles of incorporation, by persons who would be entitled to vote at a meeting shares having ...

Except to the extent the articles of incorporation or bylaws require that action by the board of directors be taken at a meeting, action required or permitted by this chapter to be taken by the board of directors may be taken without a meeting if each director signs a consent describing the action to be taken or ...

The merger doctrine requires that a felonious assault which is an essential and integral element of the homicide may not be used as the underlying felony for a felony-murder conviction.

What is Age of Majority in Georgia? Each state determines at what age a child will be considered an adult. In Georgia, a child is considered to be an adult when he/she turns 18 years old.

A parent corporation that owns at least 90 percent of the outstanding shares of each class and series of a subsidiary corporation may merge the subsidiary into itself or into another such subsidiary or merge itself into the subsidiary without the approval of the board of directors or shareholders of the subsidiary.

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Georgia Reduction in Authorized Number of Directors