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Georgia State Code
Title      46
Chapter       3  
Section Navigation     1 ... 10         11 ... 34    
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   464 ... 501       502 ... 541     
Section<<< 296 297 298 299 300 301 302 303 303.1 304 >>>  
Title 46, Chapter 3, Section 300 (46-3-300)

A director of an electric membership corporation who is present at a meeting of the electric membership corporation's board of directors at which action on any corporate matter is taken shall be presumed to have assented to the action unless:

(1) He votes against such action if a vote is taken; and

(2) His dissent is entered in the minutes of the meeting, or he files his written dissent to such action with the person acting as secretary of the meeting before the adjournment thereof, or he forwards such dissent by registered or certified mail or statutory overnight delivery to the secretary of the electric membership corporation within 48 hours after the adjournment of the meeting.

Friday December 5 02:40 CST


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