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2019 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
Article 13 - Distributions
§ 14-3-1301. Distributions prohibited
Universal Citation: GA Code § 14-3-1301 (2019)
Except as provided in Code Section 14-3-1302 and Article 14 of this chapter, a corporation shall not make any distributions.History:
Code 1981, § 14-3-1301, enacted by Ga. L. 1991, p. 465, § 1.
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