Legal Question in Civil Litigation in Georgia
Can the Board of Directors overrule the majority of shareholders in a Georgia close corporation?
Asked on 2/24/16, 4:30 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
The Board & officers, not shareholders, generally run corporations. The shareholders vote on the board members. Beyond that, no one here knows anything about your specific company or what is being overruled.
Answered on 2/24/16, 4:34 pm