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2018 Georgia Code 46-8-52 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 46-8-52 Case Law from Google Scholar Amendments to OCGA 46-8-52

TITLE 46 PUBLIC UTILITIES AND PUBLIC TRANSPORTATION

Section 8. Railroad Companies, 46-8-1 through 46-8-382.

ARTICLE 3 INCORPORATION AND CONSOLIDATION OF RAILROAD COMPANIES AND REQUIREMENTS AS TO DIRECTORS AND OFFICERS

46-8-52. Exemption of property of stockholders from debts or liabilities of corporation.

All property, whether real or personal, of any stockholder in this state shall be exempt from the debts or liabilities of a railroad corporation, provided that this exemption shall not operate as to the amount of the unpaid subscription of the stockholder to the capital stock of the corporation.

(Ga. L. 1892, p. 37, § 7; Civil Code 1895, § 2165; Civil Code 1910, § 2583; Code 1933, § 94-205.)

JUDICIAL DECISIONS

Cited in Hilton v. Sylvania & G.R.R., 8 Ga. App. 10, 68 S.E. 746 (1910).

RESEARCH REFERENCES

Am. Jur. 2d.

- 18 Am. Jur. 2d, Corporations, §§ 20, 25, 55-57. 18A Am. Jur. 2d, Corporations, §§ 850-852, 855-857, 859-861, 863-915, 917-924.

C.J.S.

- 18 C.J.S., Corporations, §§ 414-421, 423-432. 74 C.J.S., Railroads, §§ 41, 42. 19 C.J.S., Corporations, § 498.

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