A majority of the incorporators or initial directors of a corporation that has not admitted members entitled to vote on dissolution, has not commenced activities, and has no net assets may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:
History. Code 1981, § 14-3-1401 , enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2004, p. 508, § 55; Ga. L. 2005, p. 60, § 14/HB 95.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
Part 1 - Voluntary Dissolution
§ 14-3-1401. Dissolution by Incorporators or Initial Directors
§ 14-3-1402. Proposal of Dissolution and Approval Thereof
§ 14-3-1403. Plan of Dissolution
§ 14-3-1404. Notice of Intent to Dissolve
§ 14-3-1404.1. Publication of Notice of Intent to Dissolve
§ 14-3-1405. Revocation of Dissolution Proceedings
§ 14-3-1406. Effect of Notice of Intent to Dissolve
§ 14-3-1407. Disposition of Known Claims Against Corporation
§ 14-3-1408. Request for Presentation of Claims; Enforcement of Claims; When Claims Barred
§ 14-3-1409. Articles of Dissolution
§ 14-3-1409.1. Claims Pending Prior to Dissolution of a Corporation
§ 14-3-1410. Revival of Corporation After Dissolution by Expiration of Period of Duration