Through 14-6-15

  1. Law
  2. Georgia Code
  3. Corporations, Partnerships, and Associations
  4. Corporate Takeovers
  5. Through 14-6-15

Checkout our iOS App for a better way to browser and research.

Reserved. Repealed by Ga. L. 1986, p. 433, § 1, effective March 28, 1986.

Editor's notes.

- This chapter was based on Ga. L. 1977, p. 649; Ga. L. 1982, p. 3; Ga. L. 1982, p. 696; Ga. L. 1982, p. 807; Ga. L. 1983, p. 3; Ga. L. 1984, p. 22.

CHAPTER 7 PROFESSIONAL CORPORATIONS

Sec.

  • 14-7-1. Short title.
  • 14-7-2. Definitions.
  • 14-7-3. Election to practice as professional corporation; application.
  • 14-7-4. (For effective date, see note.) Professional services.
  • 14-7-5. Stock.
  • 14-7-6. Name.
  • 14-7-7. Standards of practice; standards applicable to professional relationship and legal liabilities.
Administrative Rules and Regulations.

- Professional corporations for certified public accountants, see Official Compilation of Rules and Regulations of State of Georgia, Rules of State Board of Accountancy, Ch. 20-7. Professional corporations for architects, see Official Compilation of Rules and Regulations of State of Georgia, Rules of State Board for Examination, Qualification, and Registration of Architects, Ch. 50-3.

Law reviews.

- For survey article on business associations, see 34 Mercer L. Rev. 13 (1982). For article regarding the federal tax and organizational aspects of "A Partnership of Professional Corporations," see 18 Ga. St. B. J. 108 (1982). For annual survey on business associations, see 35 Mercer L. Rev. 37 (1983). For survey article discussing developments in law of business associations for the period from June 1, 1999 through May 31, 2000, see 52 Mercer L. Rev. 95 (2000).

JUDICIAL DECISIONS

Cited in Dixon v. Georgia Indigent Legal Servs., Inc., 388 F. Supp. 1156 (S.D. Ga. 1974).

OPINIONS OF THE ATTORNEY GENERAL

Issuance of professional corporation shares to employee stock ownership plan trustees.

- Professional corporations may issue shares to persons who are trustees of an employees' stock ownership plan so long as all trustees and all beneficiaries are persons licensed by the state to practice the profession for which the corporation was organized. 1975 Op. Att'y Gen. No. 75-61.

Foreign professional corporation not entitled to certificate of authority to transact business in Georgia. 1970 Op. Att'y Gen. No. 70-64.

Optometrists can be required to use personal names for corporations.

- The State Board of Examiners in Optometry (now the State Board of Optometry) has the authority to require optometrists who incorporate under the Professional Corporation Act (see now O.C.G.A. § 14-7-1 et seq.) to use only their personal names in naming the professional corporation. 1971 Op. Att'y Gen. No. 71-180.

RESEARCH REFERENCES

Am. Jur. 2d.

- 18 Am Jur 2d Corporations § 43.

ALR.

- Professional corporation stockholders' non-malpractice liability, 50 A.L.R.4th 1276.


Download our app to see the most-to-date content.