2021 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 7 - Professional Corporations
- For survey article on business associations, see 34 Mercer L. Rev. 13 (1982). For article regarding the federal tax and organizational aspects of "A Partnership of Professional Corporations," see 18 Ga. St. B. J. 108 (1982). For annual survey on business associations, see 35 Mercer L. Rev. 37 (1983). For survey article discussing developments in law of business associations for the period from June 1, 1999 through May 31, 2000, see 52 Mercer L. Rev. 95 (2000).
JUDICIAL DECISIONSCited in Dixon v. Georgia Indigent Legal Servs., Inc., 388 F. Supp. 1156 (S.D. Ga. 1974).
OPINIONS OF THE ATTORNEY GENERAL
Issuance of professional corporation shares to employee stock ownership plan trustees.
- Professional corporations may issue shares to persons who are trustees of an employees' stock ownership plan so long as all trustees and all beneficiaries are persons licensed by the state to practice the profession for which the corporation was organized. 1975 Op. Att'y Gen. No. 75-61.
Foreign professional corporation not entitled to certificate of authority to transact business in Georgia. 1970 Op. Att'y Gen. No. 70-64.
Optometrists can be required to use personal names for corporations.
- The State Board of Examiners in Optometry (now the State Board of Optometry) has the authority to require optometrists who incorporate under the Professional Corporation Act (see now O.C.G.A. § 14-7-1 et seq.) to use only their personal names in naming the professional corporation. 1971 Op. Att'y Gen. No. 71-180.
RESEARCH REFERENCES
Am. Jur. 2d.
- 18 Am Jur 2d Corporations § 43.
ALR.- Professional corporation stockholders' non-malpractice liability, 50 A.L.R.4th 1276.
