Georgia Code
Chapter 5 - Navigation Companies
§ 52-5-1. Granting of Corporate Powers and Privileges by Secretary of State

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

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

§ 52-5-2. Filing of Petition for Incorporation; Contents of Petition; Attachment of Affidavit of Incorporators; Endorsement, Recordation, and Filing of Petitions 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

§ 52-5-5. Duty of Secretary of State to Assure Company’s Compliance With Chapter Prior to Issuance of Certificate; Certificate as Constituting Evidence of Corporation’s Existence and Compliance With Chapter

§ 52-5-6. Organization of Company; Quorum; Election of First Board of Directors; Qualifications of Directors; Election and Appointment of Officers and Agents; Annual Election Of, and Filling of Vacancies On, Board of Directors

§ 52-5-7. Opening Books of Subscription for Capital Stock; Restriction on Increase of Capital Stock

§ 52-5-8. Manner of Payment for Stock; Auction Sale of Stock Upon Default by Subscriber; Giving Delinquent Subscriber Notice of Auction Sale

§ 52-5-9. Stock as Constituting Personal Property; Determination of Manner of Transfer of Stock

§ 52-5-10. Procedure for Increase of Capital Stock

§ 52-5-11. Powers of Companies Generally

§ 52-5-12. Adoption of Chapter by Companies Incorporated Prior to April 1, 1969, and by Persons Otherwise Owning or Operating a Navigation Business