O.C.G.A.

O.C.G.A. § 14-3-747 (2019)

Applicability to foreign corporations

✓ O.C.G.A.: 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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In any derivative proceeding in the right of a foreign corporation, the matters covered by this part shall be governed by the laws of the jurisdiction of incorporation of the foreign corporation except for Code Sections 14-3-743 and 14-3-745 and paragraph (2) of Code Section 14-3-746.

History

(Code 1981, § 14-3-747, enacted by Ga. L. 1991, p. 465, § 1.)

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ARTICLE 8 DIRECTORS AND OFFICERS

Annotations

RESEARCH REFERENCES

Am. Jur. 2d. - 18B Am. Jur. 2d, Corporations, §§ 1321, 1330 et seq., 1467 et seq. 19 Am. Jur. 2d, Corporations, § 1919. 66 Am. Jur. 2d, Religious Societies, § 7.

Liability of Nonprofit Corporation for Engaging in For-Profit Business Activities, 46 POF3d 431.

C.J.S. - 19 C.J.S., Corporations, §§ 532, 522, 543, 629.

ALR. - Liability of bank which credits paper payable to a corporation to the personal credit of corporate officer who endorsed it, and pays out the proceeds on the latter's personal checks, 9 A.L.R. 346.

Right of court to interfere with amount of salaries voted to officers of private corporations by directors, 44 A.L.R. 570.

Personal liability of directors as affected by terms of contract or form of signature, 51 A.L.R. 319.

Abatement upon death, of cause of action to enforce personal liability of corporate officer, director, or trustee, 79 A.L.R. 1517.

Nonresident director or officer of domestic corporation as subject to constructive service of process in suit or proceeding to enforce duty or obligation to corporation, its stockholders or creditors, 148 A.L.R. 1251.

Participation by corporate director in vote or meeting fixing compensation for his own services, 175 A.L.R. 577.

Power of corporation or its officers with respect to payment of remuneration, bonus, and the like, to widow or family of deceased officer, 29 A.L.R.2d 1262.

Validity of security for contemporaneous loan to corporation by officer, director, or stockholder, 31 A.L.R.2d 663.

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PART 1 BOARD OF DIRECTORS