Georgia § 46-8-44 - Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction.
Full text of Georgia Official Code of Georgia Annotated § 46-8-44 — Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction., with citation guidance and answers to common questions.
§ 46-8-44. Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction.
When the certificate of incorporation has been issued, the persons named therein, in case they have not subscribed to the entire capital stock, may open books of subscription to complete the subscription to the capital stock of the company, in such places and after giving such notice as they may deem expedient, and may from time to time receive subscriptions until all of the capital stock is subscribed to. The capital stock of the company shall be divided into shares of $100.00 each. The company shall not begin the construction of the railroad until all of the capital stock specified in the petition for incorporation has been subscribed to. (Ga. L. 1892, p. 37, § 4; Civil Code 1895, §§ 2162, 2164; Civil Code 1910, §§ 2580, 2582; Code 1933, § 94-201.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 46-8-44
What does Official Code of Georgia Annotated § 46-8-44 cover?
Section 46-8-44 ("Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction.") 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 § 46-8-44?
A common citation format is "Official Code of Georgia Annotated § 46-8-44" (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 § 46-8-44 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.