Section 33-16-6 - Board of directors generally

In companies organized under this chapter, the number of directors shall be not less than three. A majority of the board of directors shall be a quorum for the transaction of business. No person shall be or act as a director of the insurer who does not have insurance in force in the insurer.Amended by 2019 Ga. Laws 139,§ 1-78, eff. 7/1/2019.Amended by 2012 Ga. Laws 727,§ 1, eff. 7/1/2012.