Every corporation has perpetual duration and succession in its corporate name, unless its articles of incorporation adopted on or after April 1, 1969, or an amendment thereto adopted on or after April 1, 1969, provides otherwise. Unless its articles of incorporation provide otherwise, every corporation has the same powers as an individual to do all things necessary or convenient to carry out its business and affairs, including without limitation power:
History. Code 1981, § 14-2-302 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 11; Ga. L. 1990, p. 257, § 3.
Law reviews.
For article analyzing legal basis for corporate contributions to private educational institutions, see 5 Mercer L. Rev. 249 (1954).
For note on statutory restrictions upon corporate ownership of real property, see 13 Mercer L. Rev. 410 (1962).
For note, “Ultra Vires in Georgia,” see 16 Mercer L. Rev. 320 (1964).
For article discussing issuance of debt securities under the Georgia Business Corporation Code, see 3 Ga. L. Rev. 11 (1968).
For article summarizing law relating to jurisdiction and venue over domestic and foreign corporations in Georgia, and service thereon, see 21 Mercer L. Rev. 457 (1970).
For article, “Use of Limited Partnership to Invest in Depreciable Realty,” see 21 Mercer L. Rev. 481 (1970).
For article, “Foreign Corporations in Georgia,” see 10 Ga. St. B.J. 243 (1973).
For article discussing establishment and transaction of business in Georgia by a foreign corporation, see 27 Mercer L. Rev. 629 (1976).
For article on the limit of corporate social responsibility, see 33 Mercer L. Rev. 519 (1982).
Structure Georgia Code