Georgia Code
Part 12 - Dissolution of Electric Membership Corporations
§ 46-3-427. Execution of Articles of Dissolution; Contents of Articles of Dissolution

If voluntary dissolution proceedings under Code Section 46-3-420 have not been revoked, then when all debts, liabilities, and obligations of the electric membership corporation have been paid and discharged, or adequate provision has been made therefor, and all of the remaining property and assets of the electric membership corporation have been distributed to its members and former members, or adequate provision has been made therefor, articles of dissolution shall be executed by the electric membership corporation as provided in Code Section 46-3-173, which articles shall set forth:
History. Code 1933, § 34C-1208, enacted by Ga. L. 1981, p. 1587, § 1; Ga. L. 2008, p. 230, § 2/SB 175; Ga. L. 2010, p. 863, § 2/SB 296.
The 2008 amendment, effective July 1, 2008, substituted “Office of Treasury and Fiscal Services” for “Department of Administrative Services” in paragraph (4).
The 2010 amendment, effective July 1, 2010, substituted “Office of the State Treasurer” for “Office of Treasury and Fiscal Services” near the end of paragraph (4).

Structure Georgia Code

Georgia Code

Title 46 - Public Utilities and Public Transportation

Chapter 3 - Electrical Service

Article 4 - Electric Membership Corporations and Foreign Electric Cooperatives

Part 12 - Dissolution of Electric Membership Corporations

§ 46-3-420. Commencement of Proceedings for Voluntary Dissolution of an Electric Membership Corporation Generally

§ 46-3-421. Filing of Statement of Intent to Dissolve With Secretary of State and State Revenue Commissioner

§ 46-3-422. Effect of Filing of Statement of Intent to Dissolve

§ 46-3-423. Procedure After Filing Statement of Intent to Dissolve

§ 46-3-424. Revocation of Voluntary Dissolution Proceedings by Electric Membership Corporation

§ 46-3-425. Filing of Statement of Revocation of Voluntary Dissolution Proceedings With Secretary of State

§ 46-3-426. Effect of Filing of Statement of Revocation of Voluntary Dissolution Proceedings

§ 46-3-427. Execution of Articles of Dissolution; Contents of Articles of Dissolution

§ 46-3-428. Filing of Articles of Dissolution With Secretary of State; Procedure Involving Filing, Issuance, and Rejection of Certificate of Dissolution; Time of Cessation of Existence of Electric Membership Corporation

§ 46-3-429. Commencement of Actions for Involuntary Dissolution of Electric Membership Corporations by Superior Courts

§ 46-3-430. Venue and Service of Process in Action for Involuntary Dissolution

§ 46-3-431. Jurisdiction of Court to Liquidate Assets and Business of Electric Membership Corporation

§ 46-3-432. Procedure in Liquidation of Electric Membership Corporation by Court

§ 46-3-433. Qualification of Receivers; Giving of Bond

§ 46-3-434. Filing of Claims in Liquidation Proceedings; Effect of Failure to File Claims

§ 46-3-435. Discontinuance of Liquidation Proceedings

§ 46-3-436. Entry of Decree of Involuntary Dissolution; Time of Cessation of Existence of Electric Membership Corporation

§ 46-3-437. Filing of Decree of Involuntary Dissolution; Giving of Notice of Entry of Decree

§ 46-3-438. Deposit With Office of the State Treasurer of Amount Due Unknown, Disabled, or Unlocatable Creditors or Members; Disposition of Unclaimed Amounts; Time Limitation

§ 46-3-439. Survival of Remedy After Dissolution

§ 46-3-440. Revival of Electric Membership Corporation After Dissolution by Expiration of Period of Duration