Georgia § 14-3-1540 - Applicability of chapter to foreign corporations domesticated under prior law.
Full text of Georgia Official Code of Georgia Annotated § 14-3-1540 — Applicability of chapter to foreign corporations domesticated under prior law., with citation guidance and answers to common questions.
§ 14-3-1540. Applicability of chapter to foreign corporations domesticated under prior law.
A foreign corporation which prior to April 1, 1969, has domesticated in this state under the procedure available prior to that date and which is a domesticated foreign corporation on that date shall have perpetual duration as a domesticated foreign corporation of this state unless its existence is terminated in its jurisdiction of incorporation or its domesticated status is dissolved in accordance with the provisions of this chapter relating to involuntary dissolution or until such time as it withdraws from this state in the manner provided in this chapter. Such domesticated foreign corporations and the members thereof shall have all the rights, privileges, and immunities and be subject to all the duties, liabilities, and disabilities applicable to similar corporations organized under the laws of this state and applicable to the members thereof, except as may be provided with respect to such domesticated foreign corporations by any of the laws of this state existing on April 1, 1969, or coming into existence thereafter. Whenever the term "foreign corporation authorized to transact business in this state" is used in this chapter, it shall be deemed to include domesticated foreign corporations, except where the context or this chapter otherwise requires. (Code 1981, § 14-3-1540 , enacted by Ga. L. 1991, p. 465, § 1.)
Frequently Asked Questions About Georgia § 14-3-1540
What does Official Code of Georgia Annotated § 14-3-1540 cover?
Section 14-3-1540 ("Applicability of chapter to foreign corporations domesticated under prior law.") 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 § 14-3-1540?
A common citation format is "Official Code of Georgia Annotated § 14-3-1540" (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 § 14-3-1540 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.