O.C.G.A.
O.C.G.A.

O.C.G.A. § 46-3-451 (2019)

Powers of foreign electric cooperatives under certificate of authority generally

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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A foreign electric cooperative which has received a certificate of authority under this article shall, until a certificate of revocation or of withdrawal has been issued as provided in this article, enjoy the same, but no greater, rights and privileges as an electric membership corporation organized for the purposes set forth in the application pursuant to which such certificate of authority is issued; and, except as otherwise provided in this article, such foreign electric cooperative shall be subject to the same duties, restrictions, penalties, and liabilities imposed upon an electric membership corporation.

History

(Code 1933, § 34C-1702, enacted by Ga. L. 1981, p. 1587, § 1.)

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 36 Am. Jur. 2d, Foreign Corporations, § 110 et seq.

C.J.S. - 19 C.J.S., §§ 888-892, 905, 906.

Corporations,