---
title: O.C.G.A. § 46-5-104. Applicability of Chapter 5 of Title 10.
collection: code
id: 46-5-104
cite_as: O.C.G.A. § 46-5-104 (2025)
canonical_url: https://georgiacommons.org/code/46-5-104
md_url: https://georgiacommons.org/code/46-5-104.md
text_url: https://georgiacommons.org/code/46-5-104/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t46-(v34)-2025-pdf.pdf?sfvrsn=48adb3c4_0#page=588
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 Session of the General Assembly of Georgia
heading_path: PUBLIC UTILITIES AND PUBLIC TRANSPORTATION / TELEPHONE SERVICE / TELEPHONE SERVICE / RURAL TELEPHONE COOPERATIVES
---

# O.C.G.A. § 46-5-104. Applicability of Chapter 5 of Title 10.

Chapter 5 of Title 10 shall not apply to any note, bond, or other evidence of indebtedness issued to the United States government or any agency or instrumentality thereof by any cooperative or foreign corporation doing business in this state pursuant to this part; nor shall Chapter 5 of Title 10 apply to any mortgage, deed of trust, or other instrument executed to secure the same. Chapter 5 of Title 10 also shall not apply to the issuance of membership certificates, shares of stock, or any other evidence of member, shareholder, or patron interest by any cooperative or any such foreign corporation.

## History

Ga. L. 1950, p. 192, § 45.