Upon demand of one-third of the entire board of directors, any matter that has been approved or passed by the board shall be referred to the entire membership or the stockholders for decision at the next special or regular meeting, provided that a special meeting may be called for the purpose.
(Ga. L. 1921, p. 139, § 14; Code 1933, § 65-212.)
RESEARCH REFERENCES
C.J.S.
- 3 C.J.S., Agriculture, § 175 et seq.