Título 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Capítulo 3. NONPROFIT CORPORATIONS · Artículo 13. DISTRIBUTIONS
14-3-1301. Dividends and distributions prohibited.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
Except as provided in Code Section 14-3-1302 and Article 14 of this chapter, a corporation shall not pay dividends to or make distributions of any part of its assets, income, or profits to its members, directors, or officers.
History
Code 1981, § 14-3-1301, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.
Amendments
The 2023 amendment, effective July 1, 2023, substituted “shall not pay dividends to or make distributions of any part of its assets, income, or profits to its member, directors, or officers” for “shall not make any distributions”.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t14-(v12)-pdf.pdf, Volumen V12, edición 2017, suplemento de 2025, páginas 177 a 178; acción de fusión: replaced; SHA-256 del archivo b004123363dc.