All contracts made with any nonprofit corporation referred to in Code Section 14-5-40, all deposits for its account, and all conveyances of title to or by it shall be legal and valid. All such contracts may be enforced in the same manner and in the same way as if such nonprofit corporation referred to in Code Section 14-5-40 were a private individual.
History. Ga. L. 1889, p. 161, § 4; Civil Code 1895, § 2366; Civil Code 1910, § 2839; Code 1933, § 22-404; Code 1933, § 22-5502, enacted by Ga. L. 1968, p. 565, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 5 - Miscellaneous Provisions Relating to Corporations
Article 3 - Corporations Organized for Religious, Fraternal, or Educational Purposes
§ 14-5-40. Applicability of Chapter 3 of Title
§ 14-5-41. Validity of Contracts and Deposits; Enforcement
§ 14-5-42. Authority to Act as Trustee of Charitable Trust
§ 14-5-43. Church Represented by Majority; Effect of Withdrawal of Part of Congregation
§ 14-5-44. Church Edifice Liable to Sale for Debt
§ 14-5-45. Interference by Courts With Management of Church
§ 14-5-46. Conveyances to Churches or Religious Societies Confirmed
§ 14-5-47. Authority of Churches or Religious Societies Over Trustees Holding Land for Their Use
§ 14-5-49. Applicability of Code Sections 14-5-46 Through 14-5-48 to Other Societies
§ 14-5-50. Corporate Rights Generally
§ 14-5-51. Powers of Eleemosynary and Religious Corporations Extended