No act of an electric membership corporation and no conveyance or transfer of real or personal property to or by an electric membership corporation shall be invalid by reason of the fact that the electric membership corporation was without capacity or power to do such act or to make or receive such conveyance or transfer; but such lack of capacity or power may be asserted:
History. Code 1933, § 34C-203, enacted by Ga. L. 1981, p. 1587, § 1.
Structure Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 3 - Electrical Service
Article 4 - Electric Membership Corporations and Foreign Electric Cooperatives
Part 2 - Corporate Purposes and Powers
§ 46-3-200. Purposes of Electric Membership Corporations
§ 46-3-200.1. Authorized Acts of Electric Membership Corporation or Broadband Affiliate
§ 46-3-202. Defense of Ultra Vires