---
title: O.C.G.A. § 14-4-42. Application of laws governing par stock to nonpar stock.
collection: code
id: 14-4-42
cite_as: O.C.G.A. § 14-4-42 (2025)
canonical_url: https://georgiacommons.org/code/14-4-42
md_url: https://georgiacommons.org/code/14-4-42.md
text_url: https://georgiacommons.org/code/14-4-42/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=789
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.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / SECRETARY OF STATE CORPORATIONS / CORPORATE FINANCE
---

# O.C.G.A. § 14-4-42. Application of laws governing par stock to nonpar stock.

The provisions of law relating to the issue of shares of capital stock with par value, including in the case of a corporation under the jurisdiction of the Georgia Public Service Commission the laws defining the duties and powers of said commission with respect to the issuance of shares of stock, shall, except as otherwise provided in this article, apply also to the issue of shares without par value.

## History

Ga. L. 1925, p. 224, § 2; Code 1933, § 22-805; Code 1933, § 22-4505, enacted by Ga. L. 1968, p. 565, § 1.