There is a newer version of the Georgia Code
2010 Georgia Code
TITLE 33 - INSURANCE
CHAPTER 19 - NONPROFIT HOSPITAL SERVICE CORPORATIONS
§ 33-19-2 - Management of corporations generally; payment of expenses of administration
O.C.G.A. 33-19-2 (2010)33-19-2. Management of corporations generally; payment of expenses of administration
The corporation shall be governed and conducted as nonprofit organizations for the purpose of offering and furnishing hospital service to their members in consideration of the payment by such members of a definite sum for the hospital care contracted to be furnished. The necessary expenses of administering the affairs of the corporations may be paid from the dues or payments collected.
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