O.C.G.A. §44-3-224
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Georgia POA Act — Board of Directors and Declarant Control
Establishes requirements for the board of directors and declarant control transition. The declarant may appoint board members during the development period. Control must transition to owner-elected board members according to statutory timelines based on lot sales percentages.
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Governance
| Ref | Requirement |
|---|---|
| Control must transition to owner-elected board members according to statutory timelines based on lot sales percentages. | |
| The declarant may appoint board members during the development period. | |
| Establishes requirements for the board of directors and declarant control transition. |
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