When the certificate of the judge of the probate court is filed with the Secretary of State pursuant to Code Section 46-8-77, and when the certificate of the Public Service Commission approving the application is likewise filed with the Secretary of State, the Secretary of State shall pass an order under the seal of the state accepting the surrender of the charter and franchises and dissolving the corporation. The Secretary of State shall record the petition for dissolution, the certificate of approval of the Public Service Commission, the certificate of the judge of the probate court as to the publication, and an order accepting the surrender of the charter and franchises and dissolving the corporation named in the order.
History. Ga. L. 1953, Nov.-Dec. Sess., p. 213, § 8; Ga. L. 1982, p. 3, § 46.
Structure Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 8 - Railroad Companies
Part 2 - Consolidation, Merger, Surrender of Franchise, and Dissolution of Companies
§ 46-8-71. Dissolution of Railroad Corporation Generally
§ 46-8-74. Advertisement of Petition for Dissolution
§ 46-8-75. Transfer of Copy of Petition From Secretary of State to Commission
§ 46-8-79. Effect of Issuance of Order of Dissolution and Payment of Fees