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2019 Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 8 - Railroad Companies
Article 3 - Incorporation and Consolidation of Railroad Companies and Requirements as to Directors and Officers
Part 1 - Incorporation, Organization, Subscription of Capital Stock, Selection of Officers and Directors
- § 46-8-40. Grant of corporate powers and privileges to railroad companies by Secretary of State; procedure in case of disqualification of Secretary of State
- § 46-8-41. Procedures regarding preparation of petition for incorporation; filing of petition and affidavit with Secretary of State; endorsement by Secretary of State; allowance for public inspection of petition and affidavit
- § 46-8-42. Certificate of incorporation; duration of corporate existence; fee for issuance of certificate
- § 46-8-43. Duties of Secretary of State prior to issuance of certificate of incorporation; certificate or duplicate thereof as evidence of existence of corporation and compliance with chapter
- § 46-8-44. Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction
- § 46-8-45. Payment of subscriptions; procedure by directors in case of default by subscriber
- § 46-8-46. Procedures regarding organizational meeting; qualifications of directors; selection of officers and agents; annual election ofdirectors; filling of vacancies on board
- § 46-8-47. Determination of directors' compensation; appointment of chairman and vice-presidents; time and place of board meetings; procedures regarding board meetings
- § 46-8-48. Creation of executive committee and other committees; powers of committees; designation of alternate members of committees; committee action by majority vote
- § 46-8-49. Action by board or committee thereof or by shareholder or committee thereof by written consent of members without meeting
- § 46-8-50. Combination of offices of corporation; election of officers by shareholders; terms of office; powers and duties of officers; authority of chairman or president as to legal proceedings
- § 46-8-51. Indemnification of persons by railroad corporation; advance of expenses; insuring against liabilities; reports of payments to shareholders; provisions eliminating or limiting liability of director
- § 46-8-52. Exemption of property of stockholders from debts or liabilities of corporation
- § 46-8-53. Procedure for issuing bonds or increasing capital stock
- § 46-8-54. Adoption of title by railroad companies incorporated, or by persons owning or operating a railroad, prior to December 17, 1892
- § 46-8-55. Standard of care for directors and officers in discharge of duties; reliance upon financial information
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