2021 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 5 - Miscellaneous Provisions Relating to Corporations
Article 1 - General Provisions
§ 14-5-2. By Whom Powers Granted
All corporate powers and privileges of banking, trust, insurance, railroad, canal, navigation, express, and telegraph companies shall be issued and granted by the Secretary of State. Corporate powers and privileges of all other private companies shall be granted only as provided in Chapters 2 and 3 of this title.
(Code 1933, § 22-5101, enacted by Ga. L. 1968, p. 565, § 1.)
Cross references.- Granting corporate powers and privileges, Ga. Const. 1983, Art. III, Sec. VI, Para. V.
RESEARCH REFERENCES
ALR.
- Power and duty of bank which has acquired a public service plant to continue its operation, 8 A.L.R. 248.
Right of insurance company, in view of its public interest, to reject applications for insurance (including validity, construction, and application of statutes in that regard), 123 A.L.R. 139.