Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by any two officers in category 1 below or by one officer in category 1 below and one officer in category 2 below. Categories shall be as follows:
The absence of the signature of such persons from a document shall not itself impair the validity of the document or of any action taken in pursuance thereof or in reliance thereon.
History. Code 1981, § 14-3-845 , enacted by Ga. L. 1991, p. 465, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
Article 8 - Directors and Officers
§ 14-3-841. Duties of Officers
§ 14-3-842. Standards of Conduct for Officers
§ 14-3-843. Resignation and Removal of Officers
§ 14-3-844. Contract Rights of Officers
§ 14-3-845. Authority of Officer to Sign Documents; Validity of Document