This chapter is intended to be and is merely a recompilation of existing statutes affecting and regulating corporations chartered by the Secretary of State and complements and supplements the express provisions of existing statutes governing banking, trust, insurance, railroad, canal, navigation, express, and telegraph corporations. All references in this chapter to corporations chartered by or incorporated by the Secretary of State shall refer only to the aforesaid corporations, except as otherwise provided, and shall not refer to corporations incorporated by the Secretary of State under Chapter 2 of this title.
(Code 1933, § 22-4801, enacted by Ga. L. 1969, p. 152, § 72; Ga. L. 1976, p. 1102, § 37.)
Cross references.- Banking and trust companies generally, § 7-1-240 et seq.
Insurance companies generally, § 33-1-1 et seq.
Telephone and telegraph companies generally, § 46-5-1 et seq.
Express companies generally, § 46-9-230 et seq.
Canal companies generally, § 52-4-1 et seq.
Navigation companies generally, § 52-5-1 et seq.
COMMENTNote to 1976 Amendment The 1976 amendment added the second sentence of this section to avoid any possibility of interpreting the references in Chapter 4 to corporations chartered by or incorporated by the Secretary of State as including corporations incorporated by the Secretary of State pursuant to the Georgia Business or Nonprofit Corporation Codes, unless Chapter 4 provides otherwise. This clarification was made desirable by the change in corporate filing procedures effected by the 1976 constitutional amendment.
Note to 1981 Amendment The 1981 amendment to this section added the word "trust" to the list of the companies to which the Secretary of State may grant corporate powers and privileges. This amendment conforms this section to Article III, Section VIII, Paragraph V of the 1976 Constitution.