2010 Georgia Code
TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
CHAPTER 5 - MISCELLANEOUS PROVISIONS RELATING TO CORPORATIONS
ARTICLE 3 - CORPORATIONS ORGANIZED FOR RELIGIOUS, FRATERNAL, OR EDUCATIONAL PURPOSES
§ 14-5-41 - Validity of contracts and deposits; enforcement

O.C.G.A. 14-5-41 (2010)
14-5-41. Validity of contracts and deposits; enforcement


All contracts made with any nonprofit corporation referred to in Code Section 14-5-40, all deposits for its account, and all conveyances of title to or by it shall be legal and valid. All such contracts may be enforced in the same manner and in the same way as if such nonprofit corporation referred to in Code Section 14-5-40 were a private individual.

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