Georgia Code § 14-3-721 - Number of Votes to Which Member Entitled; Effect of Membership in Names of Two or More Persons

(a) Unless the articles or bylaws provide otherwise, each member is entitled to one vote on each matter voted on by the members.

(b) Unless the articles or bylaws provide otherwise, if a membership stands of record in the names of two or more persons, their acts with respect to voting shall have the following effect:

(1) If only one votes, such act binds all; and

(2) If more than one votes, the vote shall be divided on a pro rata basis.

Section: 14-3-720  14-3-721  14-3-722  14-3-723  14-3-724  14-3-725  14-3-726  14-3-727    Next

Last modified: October 14, 2016