O.C.G.A. § 14-11-202 (2019)
Powers
Each limited liability company formed in this state shall have the same powers as any person has to do all things necessary to carry out its purpose, business, and affairs.
History
(Code 1981, § 14-11-202, enacted by Ga. L. 1993, p. 123, § 1.)
Annotations
JUDICIAL DECISIONS
Natural gas company's certification application properly denied. - Georgia Public Service Commission was authorized to dismiss a natural gas company's application for certification because creation of a natural gas company as a Limited Liability Company (LLC) wholly owned by the city's utility board was in derogation of a city charter as the charter required the utility board to create a wholly owned subsidiary in the form of a non-profit corporation rather than LLC, thus, the city's creation of a LLC was an ultra vires act. Infinite Energy v. Marietta Natural Gas, 349 Ga. App. 343, 826 S.E.2d 189 (2019).