Corporate Finance Under the Georgia Business Corporation Code of 1968

Authors

• Pasco M. Bowman, II, University of Georgia School of Law

Publication Date

1968

Abstract

T HIS Article will review the financial provisions of the new Georgia Business Corporation Code (B.C.C.), which will become effective April 1, 1969. On that date, the Code will automatically apply to virtually all existing domestic business corporations, other than banks, trust companies, railroads and the several other types of corporations which obtain their charters from the Secretary of State. Existing domestic insurance companies will be subject to the B.C.C. to the same extent as they are now subject to the present general corporation law.0 The B.C.C. is only one part of a comprehensive revision and restatement of Georgia's corporation law. The omnibus bill passed by the General Assembly at its 1968 session repeals the present Title 22 (Corporations) in toto, and replaces it with a new Title 22 consisting of four major parts: I. The B.C.C. II. The Nonprofit Corporation Code III. Provisions Relating to Corporations Chartered by the Secretary of State IV. Miscellaneous Provisions of Corporation Law

Recommended Citation

Bowman,, Pasco M. II (1968) "Corporate Finance Under the Georgia Business Corporation Code of 1968," Georgia Law Review: Vol. 3: No. 1, Article 4.
Available at: https://digitalcommons.law.uga.edu/glr/vol3/iss1/4