Georgia § 14-4-45 - Application for incorporation of corporations having nonpar stock.

Full text of Georgia Official Code of Georgia Annotated § 14-4-45 — Application for incorporation of corporations having nonpar stock., with citation guidance and answers to common questions.

§ 14-4-45. Application for incorporation of corporations having nonpar stock.

Upon the organization of any corporation having shares of stock without par value, the petition, declaration, or other application for incorporation required by law, in addition to other matters required to be stated, shall state: The number of shares with par value and the number of shares without par value that may be issued and the designation of the classes, if any, into which such shares are divided; The par value of the shares, if any, other than the shares to be without par value; and If there are to be two or more classes of stock, a description of the different classes including a statement of the respective preferences, restrictions, and qualities thereof. (Ga. L. 1925, p. 224, § 4; Code 1933, § 22-808; Code 1933, § 22-4508, enacted by Ga. L. 1968, p. 565, § 1; Ga. L. 1982, p. 3, § 14.)

Source: official Georgia text · Last verified 2026-08-27

Frequently Asked Questions About Georgia § 14-4-45

What does Official Code of Georgia Annotated § 14-4-45 cover?

Section 14-4-45 ("Application for incorporation of corporations having nonpar stock.") 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 § 14-4-45?

A common citation format is "Official Code of Georgia Annotated § 14-4-45" (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 § 14-4-45 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.