Georgia Code
Part 1 - Corporations
§ 53-12-180. Automatic Amendment of Articles of Incorporation of Corporate Private Foundation

Notwithstanding any provision therein to the contrary and except as provided in Code Section 53-12-181, the articles of incorporation of any corporation which is a private foundation shall be amended automatically as of the later of the date of incorporation or January 1, 1972, to provide that the corporation shall:
History. Code 1981, § 53-12-180 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.

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Structure Georgia Code

Georgia Code

Title 53 - Wills, Trusts, and Administration of Estates

Chapter 12 - Trusts

Article 10 - Private Foundations

Part 1 - Corporations

§ 53-12-180. Automatic Amendment of Articles of Incorporation of Corporate Private Foundation

§ 53-12-181. Amendment of Articles of Incorporation to Exclude Application of Code Section 53-12-180

§ 53-12-182. Effect of Code Sections 53-12-180 and 53-12-181 as to Forfeiture or Reversion of Trust Property

§ 53-12-183. Election of Private Foundation to Distribute Such Property as Will Enable Corporation to Avoid Tax Liability

§ 53-12-184. Effect of Code Sections 53-12-180 Through 53-12-183 on Powers of the Courts or the Attorney General