Georgia Code, Title 14, Chapter 3, Article 13 - Distributions

• § 14-3-1301 - Distributions Prohibited
  Except as provided in Code Section 14-3-1302 and Article 14 of this chapter, a corporation shall not make any distributions.
• § 14-3-1302 - Exceptions to Prohibition Against Distributions
  (a) A corporation may make distributions to the following: (1) Organizations whether or not incorporated that are organized and operated for the same or...

Last modified: October 14, 2016