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

O.C.G.A. § 52-4-5 (2019)

Petitioners as constituting first board of directors; election of officers; prescription of rules and bylaws; opening books of subscription for capital stock

✓ 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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The petitioners shall constitute the first board of directors; they shall organize by electing one of their number president and such other officers as may be necessary, prescribe rules and bylaws, and open books of subscription for the capital stock.

History

Ga. L. 1893, p. 81, § 2; Civil Code 1895, § 1988; Civil Code 1910, § 2369; Code 1933, § 17-104.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 18 Am. Jur. 2d, Corporations, §§ 9, 38, 39, 46, 47, 51, 52, 62, 63, 65, 66, 69, 82, 86. 18A Am. Jur. 2d, Corporations, § 931.

C.J.S. - 18 C.J.S., Corporations, §§ 82, 91, 93 et seq., 110, 225, 256, 260, 329. 19 C.J.S., Corporations, § 796 et seq.