The holders of a majority of the voting shares represented at a meeting, whether or not a quorum is present, may adjourn such meeting from time to time.
(Code 1981, §14-2-729, enacted by Ga. L. 1989, p. 946, § 26.)
Law reviews.- For article, "Some Distinctive Features of the Georgia Business Corporation Code," 28 Ga. St. B. J. 101 (1991).
COMMENT
Source: Former § 14-2-166(d).
This Code section was added in 1989 to preserve prior Georgia law that explicitly provides for adjournment for lack of a quorum. Repeated adjournments are permitted by this section.
Cross-References Quorum of shareholders, see § 14-2-725.