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14 chapters · 842 sections in this title.
O.C.G.A. § 46-3-400 Secured transactions and other dispositions of assets not requiring member approval
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(a) Unless the articles of incorporation or bylaws otherwise provide, the board of directors may authorize any of the following transactions without any vote or consent of the members: (1) Any sale, lease, exchange, or other disposition of less than substantially all the property…
O.C.G.A. § 46-3-401 Sale, lease, exchange, or other disposition of corporate assets requiring member approval
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A sale, lease, exchange, or other disposition of all or substantially all the property and assets of an electric membership corporation, with or without the good will of the electric membership corporation, in all cases other than those dealt with in Code Section 46-3-400 may be …
O.C.G.A. § 46-3-420 Commencement of proceedings for voluntary dissolution of an electric membership corporation generally
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An electric membership corporation may be dissolved by the act of the electric membership corporation when authorized in the following manner: (1) The board of directors shall adopt a resolution recommending that the electric membership corporation be dissolved and directing that…
O.C.G.A. § 46-3-422 Effect of filing of statement of intent to dissolve
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Upon the filing by the Secretary of State of a statement of intent to dissolve, the electric membership corporation shall cease to carry on its business, except insofar as may be necessary or appropriate for the winding up thereof; but its corporate existence shall continue until…