Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
History. Code 1981, § 14-2-301 , enacted by Ga. L. 1988, p. 1070, § 1.
Law reviews.
For note, “Ultra Vires in Georgia,” see 16 Mercer L. Rev. 320 (1964).
Structure Georgia Code