History. Code 1981, § 14-2-806 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 2016, p. 225, § 1-3/SB 128.
The 2016 amendment, effective July 1, 2016, in subsection (a), in the first sentence, deleted “the” following “terms of”, and deleted “, with each group containing one half or one third of the total, as near as may be” following “three groups”; in subsection (b), deleted the introductory language which read: “If directors have staggered terms and the number of directors is thereafter changed:”; deleted paragraph (b)(1), which read: “Any increase or decrease in the number of directors shall be so apportioned among the classes as to make all classes as nearly equal in number as possible; and”; and deleted the paragraph (b)(2) designation.
Law reviews.
For article, “Some Distinctive Features of the Georgia Business Corporation Code,” 28 Ga. St. B. J. 101 (1991).
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 8 - Directors and Officers
§ 14-2-801. Requirement for and Functions of Board of Directors
§ 14-2-802. Qualifications of Directors
§ 14-2-803. Number and Election of Directors
§ 14-2-804. Election of Directors by Certain Classes of Shareholders
§ 14-2-805. Terms of Directors Generally
§ 14-2-806. Staggered Terms for Directors
§ 14-2-807. Resignation of Directors