Georgia § 14-10-16 - Powers generally; assets not liable to attachment for debts of members or shareholders.
Full text of Georgia Official Code of Georgia Annotated § 14-10-16 — Powers generally; assets not liable to attachment for debts of members or shareholders., with citation guidance and answers to common questions.
§ 14-10-16. Powers generally; assets not liable to attachment for debts of members or shareholders.
A professional association organized pursuant to this chapter may contract in its own name, take, hold, and sell real and personal property in its own name, independent of its members, and sue and be sued as an independent entity as provided by law. Any conveyance in the name of the professional association to a third person executed by the president and attested by the secretary shall be conclusively presumed to be properly executed and shall divest all right, title, and interest of the professional association, its members, and the board of governors thereof. The assets of a professional association shall not be liable to attachment for the individual debts of its members or shareholders. (Ga. L. 1961, p. 404, § 16.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 14-10-16
What does Official Code of Georgia Annotated § 14-10-16 cover?
Section 14-10-16 ("Powers generally; assets not liable to attachment for debts of members or shareholders.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-10-16?
A common citation format is "Official Code of Georgia Annotated § 14-10-16" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-10-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.