Section 46-3-422. Effect of filing of statement of intent to dissolve

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Upon the filing by the Secretary of State of a statement of intent to dissolve, the electric membership corporation shall cease to carry on its business, except insofar as may be necessary or appropriate for the winding up thereof; but its corporate existence shall continue until the time provided in subsection (g) of Code Section 46-3-428.

Code 1933, § 34C-1203, enacted by Ga. L. 1981, p. 1587, § 1.

                    
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