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Georgia Commons

Código Oficial de Georgia Anotado

Título 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION · Capítulo 3. ELECTRICAL SERVICE · Artículo 4. ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES · Parte 10. MERGERS AND CONSOLIDATIONS INVOLVING ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES

46-3-381. Procedure for consolidation generally.

Vigente

Actualizado hasta: Including Acts of the 2025 Session of the General Assembly of Georgia.

El texto siguiente es la ley tal como la imprime el estado, en inglés.

  1. (a)

    Any two or more electric membership corporations may consolidate into a new electric membership corporation pursuant to a plan of consolidation approved in the manner provided in this part.#

  2. (b)

    The board of directors of each electric membership corporation participating in the consolidation shall, by a resolution adopted by each such board, approve a plan of consolidation setting forth:#

    1. (1)

      The names of the electric membership corporations proposing to consolidate and the name of the new electric membership corporation into which they propose to consolidate, which shall be referred to in this article as the new electric membership corporation;#

    2. (2)

      The terms and conditions of the proposed consolidation;#

    3. (3)

      The manner and basis of converting the membership interests into membership interests, rights, obligations, or securities of the new electric membership corporation or any other corporation or, in whole or in part, into cash or other property;#

    4. (4)

      With respect to the new electric membership corporation, all of the statements required to be set forth in articles of incorporation for electric membership corporations organized under this article; and#

    5. (5)

      Such other provisions with respect to the proposed consolidation as are deemed necessary or desirable.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Ga. L. 1937, p. 644, § 15; Ga. L. 1980, p. 72, § 6; Code 1933, § 34C-1002, enacted by Ga. L. 1981, p. 1587, § 1.

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 Session of the General Assembly of Georgia.

Texto leído de t46-(v34)-2025-pdf.pdf, Volumen V34, edición 2025, páginas 324 a 325; acción de fusión: bound only; SHA-256 del archivo 53ab60ae5027.