Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 3. NONPROFIT CORPORATIONS · Article 11. MERGER

14-3-1107. Effect of merger on bequest, devise, or other transfer of property.

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

Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation or entity and that takes effect or remains payable after the merger, inures to the surviving corporation or entity unless the will or other instrument otherwise specifically provides.

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.

Code 1981, § 14-3-1107, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2004, p. 508, § 52; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023, reenacted this Code section without change.

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

Text read from t14-(v12)-pdf.pdf, Volume V12, 2017 edition, 2025 supplement, pages 167 to 168; merge action: replaced; file SHA-256 b004123363dc.