Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 3. NONPROFIT CORPORATIONS · Article 6. MEMBERSHIP · Part 2. RIGHTS AND LIABILITIES OF MEMBERS
14-3-612. Dues, assessments, and fees.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (a)
A membership corporation may levy dues, assessments, and fees on its members to the extent authorized in the articles of incorporation or bylaws.#
- (b)
The amount and method of collection of such dues, assessments, and fees may be fixed in the articles of incorporation or bylaws, or the articles or bylaws may authorize the board of directors or members to fix the amount and method of collection.#
- (c)
The articles of incorporation or bylaws may provide reasonable means, such as termination and reinstatement of membership, to enforce the collection of dues, assessments, and fees.#
History
Code 1981, § 14-3-612, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.
Amendments
The 2023 amendment, effective July 1, 2023, rewrote this Code section, which read: “A member may become liable to the corporation for dues, assessments, or fees; provided, however, that an article or bylaw provision or a resolution adopted by the board authorizing or imposing dues, assessments, or fees does not, of itself, create liability.”
Read the official page (the state's PDF, opened at the page this text was read from).
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 78 to 79; merge action: replaced; file SHA-256 b004123363dc.
Ask about this section
The answer is drawn from this section and, when they fit, the other sections of its chapter. It quotes the text and names the section for each claim. Not legal advice.