All corporate powers and privileges to navigation companies shall be issued and granted by the Secretary of State upon the terms, liabilities, and restrictions and subject to all the provisions of this chapter and the Constitution of Georgia.
History. Ga. L. 1894, p. 71, § 1; Civil Code 1895, § 2147; Civil Code 1910, § 2565; Code 1933, § 17-201.
Cross references.
Grant of corporate powers generally, Ga. Const. 1983, Art. III, Sec. VI, Para. V.
Corporate powers to navigation companies granted by Secretary of State, § 14-5-2 .
Corporate powers generally, § 14-4-60 .
Structure Georgia Code
Title 52 - Waters of the State, Ports, and Watercraft
Chapter 5 - Navigation Companies
§ 52-5-1. Granting of Corporate Powers and Privileges by Secretary of State
§ 52-5-3. Issuance of Certificate of Incorporation Generally
§ 52-5-4. Time of Commencement of Corporate Existence; Payment of Fee for Issuance of Certificate
§ 52-5-7. Opening Books of Subscription for Capital Stock; Restriction on Increase of Capital Stock
§ 52-5-9. Stock as Constituting Personal Property; Determination of Manner of Transfer of Stock
§ 52-5-10. Procedure for Increase of Capital Stock