--- title: O.C.G.A. § 13-10-23. Affiliated corporations. collection: code id: 13-10-23 cite_as: O.C.G.A. § 13-10-23 (2025) canonical_url: https://georgiacommons.org/code/13-10-23 md_url: https://georgiacommons.org/code/13-10-23.md text_url: https://georgiacommons.org/code/13-10-23/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t13-(v11)-2010-pdf.pdf?sfvrsn=e4dbdcfd_0#page=609 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/13-10.md previous: https://georgiacommons.org/code/13-10-22.md next: https://georgiacommons.org/code/13-10-24.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: CONTRACTS / CONTRACTS FOR PUBLIC WORKS / GENERAL PROVISIONS / Bid Bonds --- # O.C.G.A. § 13-10-23. Affiliated corporations. (a) As used in this Code section, the term: (1) ‘‘Affiliated corporation’’ means, with respect to any corporation, any other corporation related thereto: (A) As a parent corporation; (B) As a subsidiary corporation; (C) As a sister corporation; (D) By common ownership or control; or (E) By control of one corporation by the other. (2) The term ‘‘bid’’ shall include proposals. (b) In any case where two or more affiliated corporations bid for a contract under this Code section and any one or more of such affiliated corporations subsequently rescind or revoke their bid or bids in favor of another such affiliated corporation whose bid is for a higher amount and the contract is awarded at such higher amount to such other affiliated corporation, then the bid bond, proposal guaranty, or other security otherwise required under this article of each affiliated corporation rescinding or revoking its bid shall be forfeited. ## History Code 1981, § 13-10-23, enacted by Ga. L. 2001, p. 820, § 1.