Official Code of Georgia Annotated

Title 52. WATERS OF THE STATE, PORTS, AND WATERCRAFT · Chapter 4. CANAL COMPANIES

52-4-1. Filing of petition for incorporation; contents of petition; filing fee.

Active

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

Any number of persons, not less than five, desiring to be incorporated as a company for the purpose of constructing, operating, and maintaining a canal, may file with the Secretary of State a petition setting out the names and domicile of the petitioners, that they desire to be incorporated as a canal company, the name under which they desire to be incorporated, the route as nearly as possible of the proposed canal, the headquarters of the corporation, the amount of the capital stock, and the number of shares into which divided and pay to the Secretary of State the fee provided for in Code Section 14-4-183.

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

Ga. L. 1893, p. 81, § 1; Civil Code 1895, § 1986; Civil Code 1910, § 2367; Code 1933, § 17-101.

Cross references

Grant of corporate powers generally, Ga. Const. 1983, Art. III, Sec. VI, Para. V. Fee for incorporation of canal company, § 14-4-183. Corporate powers to canal companies granted by Secretary of State, § 14-5-2.

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 t52-t53-(v40)-2021-pdf.pdf, Volume V40, 2021 edition, pages 61 to 62; merge action: carried; file SHA-256 062775612dfc.