Each association incorporated and organized after April 3, 1978, pursuant to this article shall have perpetual duration unless a limited period of duration is provided for and stated in its charter or articles of incorporation or in an amendment thereto. Each association incorporated and organized pursuant to this article which is in existence on April 3, 1978, shall have perpetual duration unless a limited period of duration is thereafter provided for and stated in an amendment to its charter or articles of incorporation.
History. Code 1933, § 65-213.1, enacted by Ga. L. 1978, p. 1422, § 1.
Structure Georgia Code
Chapter 10 - Marketing Facilities, Organizations, and Programs
Article 3 - Cooperative Marketing Associations
§ 2-10-82. When Associations Deemed Nonprofit
§ 2-10-83. Persons Who May Form Cooperative Association
§ 2-10-85. Amendment of Charter
§ 2-10-86. Adoption of Bylaws; Authorized Provisions
§ 2-10-88. Election of Officers
§ 2-10-89. Removal of Officers or Directors
§ 2-10-90. Eligibility as Members or Stockholders
§ 2-10-92. Regular Meetings; Special Meetings Generally; Notice
§ 2-10-93. Referral of Matters to Entire Membership; Special Meetings
§ 2-10-94. Powers of Associations Generally
§ 2-10-95. Duration of Associations
§ 2-10-96. Use of Preferred Stock to Purchase Property Interest
§ 2-10-97. Transfer of Common Stock
§ 2-10-98. Joining With Other Nonprofit Cooperative Associations
§ 2-10-99. Ownership In, Control Of, or Membership in Other Corporations; Warehouse Receipts
§ 2-10-100. Contracts and Agreements Between Associations
§ 2-10-103. Engaging in Business for Nonmembers
§ 2-10-105. License Fee; Tax Exemption
§ 2-10-106. Distribution of Excess Income, Reserves, or Surpluses
§ 2-10-107. Associations Not Deemed Monopolistic or in Restraint of Trade
§ 2-10-108. Applicability of Nonprofit Corporation Laws
§ 2-10-109. Applicability of Other Laws
§ 2-10-110. Procedure by Which Other Corporations and Associations May Come Under Article