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Official Code of Georgia Annotated

Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION · Chapter 3. ELECTRICAL SERVICE · Article 4. ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES · Part 12. DISSOLUTION OF ELECTRIC MEMBERSHIP CORPORATIONS

46-3-433. Qualification of receivers; giving of bond.

Active

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

  1. (a)

    A receiver shall in all cases be a citizen of the United States or a corporation authorized to act as receiver, which corporation may be a domestic corporation, either business or nonprofit, or a foreign corporation, either business or nonprofit, authorized to transact business in this state.#

  2. (b)

    A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.#

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 1933, § 34C-1214, enacted by Ga. L. 1981, p. 1587, § 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 Session of the General Assembly of Georgia.

Text read from t46-(v34)-2025-pdf.pdf, Volume V34, 2025 edition, page 346; merge action: bound only; file SHA-256 53ab60ae5027.