Georgia Code
Article 6 - Business Development Corporations
§ 7-1-745. Powers of Corporation

In furtherance of its purposes and in addition to the powers now or hereafter conferred on business corporations by the laws of this state, the corporation shall, subject to the restrictions and limitations contained in this Code section, have the following powers:
History. Ga. L. 1972, p. 798, § 5; Code 1933, § 41A-3406, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1981, p. 965, § 3; Ga. L. 1989, p. 1641, § 2; Ga. L. 1991, p. 1100, § 1; Ga. L. 2001, p. 967, § 1; Ga. L. 2004, p. 690, § 1.
Editor’s notes.
Ga. L. 1989, p. 1641, § 18, not codified by the General Assembly, provides: “In the event of any substantive conflict between this Act and any other Act of the 1989 General Assembly, such other Act shall control over this Act.”
Ga. L. 1991, p. 1100, § 2, not codified by the General Assembly, provides: “This Act shall apply to all loan applications received on or after July 1, 1991, by a business development corporation organized pursuant to Article 6 of Chapter 1 of Title 7 of the Official Code of Georgia Annotated.”
U.S. Code.
The Small Business Investment Act of 1958, referred to in paragraph (3) of this Code section, is codified as 15 U.S.C. §§ 77c, 77ddd, 80a-18, 633, 636, 661 et seq. and 18 U.S.C. §§ 212, 213, 216, 657, 1006, 1014.
Law reviews.
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).

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