---
title: O.C.G.A. § 33-15-42. Operation of not for profit institutions.
collection: code
id: 33-15-42
cite_as: O.C.G.A. § 33-15-42 (2025)
canonical_url: https://georgiacommons.org/code/33-15-42
md_url: https://georgiacommons.org/code/33-15-42.md
text_url: https://georgiacommons.org/code/33-15-42/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch1-22-(v24)-2020-pdf.pdf?sfvrsn=a873240d_0#page=734
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.
up: https://georgiacommons.org/code/33-15.md
previous: https://georgiacommons.org/code/33-15-41.md
next: https://georgiacommons.org/code/33-15-43.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / FRATERNAL BENEFIT SOCIETIES / FORMATION AND PETITIONS FOR CHARTER; AMENDMENTS OF LAWS; REINSURANCE; CONSOLIDATIONS AND MERGERS; CONVERSIONS
---

# O.C.G.A. § 33-15-42. Operation of not for profit institutions.

A society may create, maintain, and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by paragraph (2) of subsection (a) of Code Section 33-15-5. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement. No society shall own or operate funeral homes or undertaking establishments.

## History

Code 1981, § 33-15-42, enacted by Ga. L. 1993, p. 1744, § 1.