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2018 Georgia Code 33-14-9 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)

O.C.G.A. 33-14-9 Case Law from Google Scholar Amendments to OCGA 33-14-9

TITLE 33 INSURANCE

Section 14. Domestic Stock and Mutual Insurers, 33-14-1 through 33-14-109.

ARTICLE 1 GENERAL PROVISIONS

33-14-9. Powers of corporations generally.

Every corporation organized under this title shall have the same corporate powers as are conferred upon private corporations except where inconsistent with this chapter.

(Code 1933, § 56-1508, enacted by Ga. L. 1960, p. 289, § 1.)

Cross references.

- Specific limitations upon powers of General Assembly in regard to corporations, Ga. Const. 1983, Art. III, Sec. VI, Para. V.

Business corporations generally, T. 14, C. 2.

Secretary of State corporations, T. 14, C. 4.

JUDICIAL DECISIONS

Cited in Piedmont Life Ins. Co. v. Bell, 109 Ga. App. 251, 135 S.E.2d 916 (1964).

OPINIONS OF THE ATTORNEY GENERAL

A mutual insurance company may organize and capitalize a stock company as a subsidiary, provided the prior consent of the Commissioner is obtained and the conditions indicated in former Code 1933, § 56-1027 (see now O.C.G.A. § 33-11-37) are complied with. 1962 Op. Att'y Gen. p. 294.

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