---
title: O.C.G.A. § 48-7-83. Action for collection of tax out of assets of dissolved corporation; procedure.
collection: code
id: 48-7-83
cite_as: O.C.G.A. § 48-7-83 (2025)
canonical_url: https://georgiacommons.org/code/48-7-83
md_url: https://georgiacommons.org/code/48-7-83.md
text_url: https://georgiacommons.org/code/48-7-83/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t48-ch7-8-(v37)-2024-pdf.pdf?sfvrsn=1ff964a3_0#page=564
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/48-7.md
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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: "REVENUE AND TAXATION / INCOME TAXES / PAYMENT: DEFICIENCIES, ASSESSMENT, AND COLLECTION"
---

# O.C.G.A. § 48-7-83. Action for collection of tax out of assets of dissolved corporation; procedure.

Whenever any corporation has been dissolved or the assets of the corporation for any reason have passed entirely from the control of the corporation into the possession of its former stockholders or other persons without the payment of income taxes due the state, the commissioner shall have the right to bring action against any or all persons possessing the assets for the collection of any income taxes that may be due the state up to the value of the assets. If the assets have come into the possession of more than one person, each person shall have the right to prorate the amount of the tax according to the value of the assets coming into each person’s possession.

## History

Code 1933, § 92-3315, enacted by Ga. L. 1937, p. 109, § 20; Code 1933, § 91A3807, enacted by Ga. L. 1978, p. 309, § 2.

## Cross References

Dissolution of business corporations generally, § 14-2-1401 et seq.