Official Code of Georgia Annotated

Title 52. WATERS OF THE STATE, PORTS, AND WATERCRAFT · Chapter 5. NAVIGATION COMPANIES

52-5-4. Time of commencement of corporate existence; payment of fee for issuance of certificate.

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

When the Secretary of State issues a certificate of incorporation, the persons who signed the petition described in Code Section 52-5-2 and all persons who shall become stockholders in such company shall be a corporation by the name specified in the petition and certificate and shall possess the powers and privileges and be subject to the provisions contained in this chapter. Before the Secretary of State shall issue the certificate, the petitioners shall pay the fee prescribed 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.

Ga. L. 1894, p. 71, § 3; Civil Code 1895, § 2150; Civil Code 1910, § 2568; Code 1933, § 17-204.

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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, page 72; merge action: carried; file SHA-256 062775612dfc.