Georgia § 46-8-346 - Effect of sale on corporate existence, powers, and liabilities of company.
Full text of Georgia Official Code of Georgia Annotated § 46-8-346 — Effect of sale on corporate existence, powers, and liabilities of company., with citation guidance and answers to common questions.
§ 46-8-346. Effect of sale on corporate existence, powers, and liabilities of company.
Upon compliance with Code Sections 46-8-344 and 46-8-345, the electric street, suburban, or interurban railroad company shall be authorized to sell or otherwise dispose of its railroad and bus properties and franchises and to continue its corporate existence and the operation of its electric plants and properties for the sale and distribution of electricity for light, heat, and power purposes under its current charter to the date of expiration thereof, with all of the rights, powers, and liabilities which it previously exercised, in such manner as if no sale of such railroad and bus properties and franchises had been made. (Ga. L. 1945, p. 260, § 3.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 46-8-346
What does Official Code of Georgia Annotated § 46-8-346 cover?
Section 46-8-346 ("Effect of sale on corporate existence, powers, and liabilities of company.") 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 § 46-8-346?
A common citation format is "Official Code of Georgia Annotated § 46-8-346" (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 § 46-8-346 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.