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O.C.G.A. § 53-12-181 — Amendment of articles of incorporation to exclude application of Code Section 53-12-180 | Georgia Code

O.C.G.A. § 53-12-181 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 53 WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

Section 12. (Revised Trust Code of 2010) Trusts, 53-12-1 through 53-12-506.

ARTICLE 10 PRIVATE FOUNDATIONS

53-12-181. Amendment of articles of incorporation to exclude application of Code Section 53-12-180.

Any corporation which is a private foundation may amend its articles of incorporation expressly to exclude the application of Code Section 53-12-180 or any portion thereof in the manner provided by Article 10 of Chapter 2 of Title 14 or Article 8 of Chapter 3 of Title 14, whichever is applicable.

(Code 1981, §53-12-181, enacted by Ga. L. 2010, p. 579, § 1/SB 131.)

Code Commission notes.

- Pursuant to Code Section 28-9-5, in 2010, Code Section 53-112-181, as enacted by Ga. L. 2010, p. 579, § 1, was redesignated as Code Section 53-12-181.

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This Georgia Code resource is curated by Georgia Bar member Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.