Amendment of Articles of Incorporation to Exclude Application of Code Section 53-12-180

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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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