Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 2. BUSINESS CORPORATIONS · Article 3. PURPOSES AND POWERS

14-2-301. Purposes.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 14-2-301, enacted by Ga. L. 1988, p. 1070, § 1.

Law reviews

For note, ‘‘Ultra Vires in Georgia,’’ see 16 Mercer L. Rev. 320 (1964).

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, page 63; merge action: carried; file SHA-256 f2fad2b71b39.

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