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2020 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 11 - Limited Liability Companies
Article 2 - Formation
§ 14-11-201. Purpose
Universal Citation: GA Code § 14-11-201 (2020)
- A limited liability company may be formed under this chapter for any lawful purpose.If the purpose for which a limited liability company is formed makes it subject to a special provision of law, the limited liability company shall also comply with that provision.
- A limited liability company formed under this chapter has, unless a more limited purpose is set forth in the articles of organization or a written operating agreement, the purpose of engaging in any lawful activity.
(Code 1981, §14-11-201, enacted by Ga. L. 1993, p. 123, § 1; Ga. L. 1995, p. 470, § 15.)
Law reviews.- For article, "The Georgia LLC Act Comes of Age," see 16 (No. 1) Ga. St. B. J. 20 (2010).
RESEARCH REFERENCES
ALR.
- Construction and application of limited liability company acts, 79 A.L.R.5th 689.
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