On July 1st, the Amended Georgia Nonprofit Corporation Code went into effect. This law guides how Georgia nonprofit corporations are expected to operate. Since most of PBPA’s clients are incorporated in Georgia, these changes apply to you! A few examples of the changes include:
- Directors may not vote by proxy.
- Executive Directors are automatically corporate officers unless the bylaws say otherwise.
- The same person may NOT serve as both the Chief Executive Officer (also sometimes referred to as President) and Secretary.
Join us next month as we provide more details. PBPA will be presenting a one-hour webcast on the changes to the Georgia Nonprofit Corporation Code that apply to the everyday operations of our clients.
Speaker: Robyn Miller, Senior Corporate/Tax Counsel, Pro Bono Partnership of Atlanta
Date and Time: August 23 at 12pm