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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 8. PARTNERSHIPS

14-8-3. ‘‘Knowledge’’ and ‘‘notice’’ defined.

Active

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

  1. (a)

    A person has ‘‘knowledge’’ of a fact within the meaning of this chapter not only when such person has actual knowledge thereof, but also when he has knowledge of such other facts as in the circumstances shows bad faith.#

  2. (b)

    A person has ‘‘notice’’ of a fact within the meaning of this chapter when the person who claims the benefit of the notice:#

    1. (1)

      States the fact to such person; or#

    2. (2)

      Delivers through the mail, or by other means of communication, a written statement of the fact to such person or to a proper person at his place of business or residence.#

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, § 14-8-3, enacted by Ga. L. 1984, p. 1439, § 1.

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)-2017-pdf.pdf, Volume V12, 2017 edition, pages 861 to 862; merge action: carried; file SHA-256 f2fad2b71b39.