Section 14-4-42. Application of laws governing par stock to nonpar stock

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The provisions of law relating to the issue of shares of capital stock with par value, including in the case of a corporation under the jurisdiction of the Georgia Public Service Commission the laws defining the duties and powers of said commission with respect to the issuance of shares of stock, shall, except as otherwise provided in this article, apply also to the issue of shares without par value.

Ga. L. 1925, p. 224, § 2; Code 1933, § 22-805; Code 1933, § 22-4505, enacted by Ga. L. 1968, p. 565, § 1.

                    
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