Chapter 11. LIMITED LIABILITY COMPANIES


Article 1. GENERAL PROVISIONS
Article 2. FORMATION
Article 3. AGENCY; MANAGEMENT; DUTIES; LIABILITY
Article 4. FINANCE
Article 5. LIMITED LIABILITY COMPANY INTERESTS; ADMISSION OF MEMBERS
Article 6. EVENTS OF DISSOCIATION, WITHDRAWAL, AND DISSOLUTION
Article 7. FOREIGN LIMITED LIABILITY COMPANIES
Article 8. DERIVATIVE ACTIONS
Article 9. MERGER
Article 10. DISSENTERS' RIGHTS
Article 11. MISCELLANEOUS

REFS & ANNOS

TITLE 14 Chapter 11 NOTE

EDITOR'S NOTES. --Ga. L. 1993, p. 123, § 1, effective March 1, 1994, repealed the Code sections formerly codified at this chapter, and enacted the current chapter. The former chapter, concerning foreign limited liability companies, consisted of Code 1981, §§ 14-11-1 through 14-11-19 and was based on Ga. L. 1992, p. 1865, § 1.
 
LAW REVIEWS. --For article, "Effective Use of Limited Liability Companies in Georgia: An Overview of Their Characteristics and Advantages," see 45 Mercer L. Rev. 25 (1993). For article, "LLC Statutes: Use by Attorneys," see 29 Ga. L. Rev. 693 (1995). For article discussing developments in Georgia law of business associations from June 1, 1996 through May 31, 1997, see 49 Mercer L. Rev. 71 (1997). For survey article discussing developments in law of business associations for the period from June 1, 1998 through May 31, 1999, see 51 Mercer L. Rev. 127 (1999). For article, "2006 Amendments to Georgia's Corporate Code and Alternative Entity Statutes," see 12 Ga. St. B.J. 12 (2007). For article, "Aggregate-Plus Theory of Partnership Taxation," see 43 Ga. L. Rev. 717 (2009).
   For note on 1993 enactment of this chapter, see 10 Ga. St. U.L. Rev. 79 (1993). For note on 1995 amendments of sections in this chapter, see 12 Ga. St. U.L. Rev. 65 (1995).
 
 
 
COMMENT
 
 
NOTE AS TO DRAFTING COMMITTEE
 
 
   The Georgia Limited Liability Company Act was drafted by the Georgia Limited Liability Company Committee, an ad hoc committee of lawyers from the Business and Finance Law Section and the Taxation Section of the Atlanta Bar Association and the Partnership Subcommittee of the Corporate and Banking Law Section of the State Bar of Georgia. The Committee operated under the auspices of the Corporate and Banking Law Section and is composed of the following individuals:
 
 
 
 
   Robert P. Bryant, Co-Chair                      Albert G. Moore, Jr.
 
 
 
 
 
   Patrick G. Jones, Co-Chair                      Prof. William J. Carney
 
 
 
 
 
   Michael E. Axelrod                              Robert J. Muething
 
 
 
 
 
   Kendall L. Houghton                             Reginald J. Clark
 
 
 
 
 
   Jeffrey R. Banish                               David W. Santi
 
 
 
 
 
   Randolph A. Marks                               Theodore A. Erck, III
 
 
 
 
 
   Charles R. Beaudrot, Jr.                        James A. Tramonte
 
 
 
 
 
   Robert C. Marshall                              Dorothy B. Franzoni
 
 
 
 
 
   Cassady V. Brewer                               Michael G. Wasserman
 
 
 
 
 
   James F. McEvoy                                 Bernard L. Greer, Jr.
 
 
 
 
 
   Stephen L. Camp
 
 
 
 
 
   The following individuals have provided special assistance to the Committee:
 
 
 
 
 
   Hon. Thurbert E. Baker                          Thomas M. Boller
 
 
 
 
 
   Janet K. Jackson                                George E. Hibbs
 
 
 
 
 
   Deputy Director, Business                       Russell N. Sewell
 
   Services and Regulation,
 
   Office of the Secretary of State