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Georgia State Code
Title      14
Chapter       9  
Section Navigation   100 ... 109       201 ... 206.4 
 206.5 ... 402         403 ... 604   
   605 ... 803       804 ... 907   
   908 ... 1201     1202 ... 1204    
Section<<< 403 404 405 501 502 503 601 602 603 604 >>>  
Title 14, Chapter 9, Section 405 (14-9-405)

(a) The partnership agreement may grant:

(1) The right to vote to all or certain identified general partners or specified classes or groups of the general partners on a per capita or any other basis, separately or with all or any class or group of the limited partners or the general partners, on all matters or on one or more specified matters; and

(2) Dissenters' rights to all or certain identified general partners.

(b) A partnership agreement that grants a right to vote may set forth provisions relating to notice of the time, place, or purpose of any meeting at which any matter is to be voted on by any general partners, waiver of any such notice, action by consent without a meeting, the establishment of a record date, quorum requirements, voting in person or by proxy, or any other matter with respect to the exercise of any such right to vote. Subject to such provisions in the partnership agreement, the matters referred to in this subsection may be decided by the general partners.

(c) In addition to the relative rights, powers, and duties authorized by subsections (a) and (b) of this Code section and by Code Section 14-9-504, a partnership agreement may provide for classes or groups of general partners having such relative rights, powers, and duties as the partnership agreement may provide.

Monday October 6 10:22 CDT


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