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Georgia Code, Title 14, Chapter 4, Article 4 - Powers and Liabilities
§ 14-4-60 - Powers Generally
All corporations have the right to sue and be sued, to have and use a common seal, to make bylaws binding on their own...
§ 14-4-61 - Power to Make Donations for Public Welfare or for Charitable, Scientific, or Educational Purposes
Every private corporation incorporated in this state on or after April 1, 1969, shall have, in addition to the powers granted in its articles...
§ 14-4-62 - Continuous Succession; Term of Articles of Incorporation or Charter
Corporations shall have continuous succession during the time limited by their articles of incorporation or charters, notwithstanding the death of their members. Should any...
§ 14-4-63 - Liability of Persons Transacting Business Before Minimum Capital Stock Subscribed for
Persons who organize a company and transact business in its name before the minimum capital stock has been subscribed for are liable to creditors...
§ 14-4-64 - Responsibility for Acts of Officers
Every corporation acts through its officers and is responsible for the acts of such officers in the sphere of their appropriate duties; and no...
§ 14-4-65 - Improper Dividends; Liability of Officers
No corporation or association shall declare any dividend or distribute any money among its members as profits when such dividend or money is not...
Last modified: October 14, 2016