Georgia Code
Part 6 - Directors and Officers
§ 46-3-290. Management of Business and Affairs of Electric Membership Corporation by Board of Directors; Knowledge of Limitations on Directors’ Authority Required; Qualifications; Compensation and Reimbursement for Expenses

History. Ga. L. 1937, p. 644, § 11; Ga. L. 1950, p. 233, § 1; Ga. L. 1975, p. 783, § 1; Code 1933, § 34C-601, enacted by Ga. L. 1981, p. 1587, § 1.

Structure Georgia Code

Title 46 - Public Utilities and Public Transportation

Chapter 3 - Electrical Service

Article 4 - Electric Membership Corporations and Foreign Electric Cooperatives

Part 6 - Directors and Officers

§ 46-3-290. Management of Business and Affairs of Electric Membership Corporation by Board of Directors; Knowledge of Limitations on Directors’ Authority Required; Qualifications; Compensation and Reimbursement for Expenses

§ 46-3-291. Number of Directors; Statement of Names and Addresses of Initial Directors in Articles of Incorporation; Duration of Director’s Service in Office

§ 46-3-292. Provisional Director

§ 46-3-293. Classification of Directors; Division of Service Territory Into Districts

§ 46-3-294. Vacancies on Board of Directors Generally

§ 46-3-295. Removal of Directors

§ 46-3-296. Quorum of Directors; Action by Majority Vote; Conducting of Meetings of Board or Committees by Conference Calls

§ 46-3-297. Executive Committee and Other Committees

§ 46-3-298. Place, Time, and Notice of Directors’ Meetings; Waiver of Notice; Adjournment of Meetings; Notice of Adjournment; Manner of Calling Meetings

§ 46-3-299. Action by Directors Without a Meeting

§ 46-3-300. Dissent by a Director

§ 46-3-301. Election or Appointment of Officers Generally

§ 46-3-302. Removal of Officers; Filling of Vacancies

§ 46-3-303. Duty of Directors and Officers to Act in Good Faith; Reliance on Financial Information Prepared by Others; Presumption of Good Faith

§ 46-3-303.1. Standard of Care for Officers in Discharge of Duties; Reasonable Reliances

§ 46-3-304. Actions Against Directors and Officers

§ 46-3-305. Interested Directors and Officers

§ 46-3-306. Indemnification of Officers, Directors, Employees, and Agents; Purchase and Maintenance of Liability Insurance; Notice to Members of Payment of Indemnification