One Click Case Law for § 14-2-1401
O.C.G.A. § 14-2-140 <-- --> O.C.G.A. §14-2-1402

2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 2 - BUSINESS CORPORATIONS
ARTICLE 14 - DISSOLUTION
PART 1 - VOLUNTARY DISSOLUTION
§ 14-2-1401 - Dissolution by incorporators or initial directors

O.C.G.A. 14-2-1401 (2010)
14-2-1401. Dissolution by incorporators or initial directors


A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:

(1) The name of the corporation;

(2) The date of its incorporation;

(3) Either that:

(A) None of the corporation's shares has been issued; or

(B) The corporation has not commenced business;

(4) That no debt of the corporation remains unpaid;

(5) That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and

(6) That a majority of the incorporators or initial directors authorized the dissolution.