GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 2. BUSINESS CORPORATIONS |
Article 9. CLOSE CORPORATIONS |
Part 1. CREATION |
Section 14-2-901. Application of Business Corporation Code and Professional Corporation Act
Latest version.
- (a) This chapter applies to statutory close corporations to the extent not inconsistent with the provisions of this article.
(b) This article applies to a professional corporation organized under Chapter 7 of this title, known as the "Georgia Professional Corporation Act," whose articles of incorporation contain the statement required by Code Section 14-7-3, except insofar as the "Georgia Professional Corporation Act" contains inconsistent provisions, if such professional corporation's articles of incorporation also contain the statement required by subsection (a) of Code Section 14-2-902.
(c) This article does not repeal or modify any statute or rule of law that is or would apply to a corporation that is organized under this chapter or Chapter 7 of this title, known as the "Georgia Professional Corporation Act" and that does not elect to become a statutory close corporation under Code Section 14-2-902.
Code 1981, § 14-2-901, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1995, p. 482, § 6.