May 1, 2021
Corporate Compliance
Annual Shareholders’ Meetings Remote
Effective April 29, HB 306 allows for profit and nonprofit corporations to hold shareholders’ meetings by remote communication.
"A BILL TO BE ENTITLED AN ACT 1 To amend Title 14 of the Official Code of Georgia Annotated, relating to corporations, 2 partnerships, and associations, so as to provide that a corporation may hold annual 3 shareholders' meetings and special shareholders' meetings by means of remote 4 communication; to provide that nonprofit corporations may hold annual meetings of 5 members and special meetings of members by means of remote communication; to provide 6 for requirements for such meetings by remote communication; to provide for related matters; 7 to provide for an effective date; to repeal conflicting laws; and for other purposes."
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"A BILL TO BE ENTITLED AN ACT 1 To amend Title 14 of the Official Code of Georgia Annotated, relating to corporations, 2 partnerships, and associations, so as to provide that a corporation may hold annual 3 shareholders' meetings and special shareholders' meetings by means of remote 4 communication; to provide that nonprofit corporations may hold annual meetings of 5 members and special meetings of members by means of remote communication; to provide 6 for requirements for such meetings by remote communication; to provide for related matters; 7 to provide for an effective date; to repeal conflicting laws; and for other purposes."
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