Any law requiring that the amount of par value of the capital stock of a corporation be stated in any certificate, report, or other instrument shall be deemed to be complied with so far as shares without par value are concerned by stating with respect to such shares the number authorized, issued, or to be issued, as the case may be, and the fact that they are without par value.
History. Ga. L. 1925, p. 224, § 5; Code 1933, § 22-809; Code 1933, § 22-4509, enacted by Ga. L. 1968, p. 565, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 4 - Secretary of State Corporations
§ 14-4-40. Creation of Shares With or Without Par Value and of Classes of Shares
§ 14-4-41. Authority Prerequisite to Issuance of Stock
§ 14-4-42. Application of Laws Governing Par Stock to Nonpar Stock
§ 14-4-43. Consideration for Sale of Nonpar Stock
§ 14-4-44. Change of Par Stock Into Nonpar Stock
§ 14-4-45. Application for Incorporation of Corporations Having Nonpar Stock