Application of Business Corporation Code and Professional Corporation Act

  1. Law
  2. Georgia Code
  3. Corporations, Partnerships, and Associations
  4. Business Corporations
  5. Close Corporations
  6. Creation
  7. Application of Business Corporation Code and Professional Corporation Act

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  1. This chapter applies to statutory close corporations to the extent not inconsistent with the provisions of this article.
  2. This article applies to a professional corporation organized under Chapter 7 of this title, known as the "Georgia Professional Corporation Act," whose articles of incorporation contain the statement required by Code Section 14-7-3, except insofar as the "Georgia Professional Corporation Act" contains inconsistent provisions, if such professional corporation's articles of incorporation also contain the statement required by subsection (a) of Code Section 14-2-902.
  3. This article does not repeal or modify any statute or rule of law that is or would apply to a corporation that is organized under this chapter or Chapter 7 of this title, known as the "Georgia Professional Corporation Act" and that does not elect to become a statutory close corporation under Code Section 14-2-902.

(Code 1981, §14-2-901, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1995, p. 482, § 6.)


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