Statutes > Georgia Statutes > TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS > CHAPTER 5 - MISCELLANEOUS PROVISIONS RELATING TO CORPORATIONS > ARTICLE 1 - GENERAL PROVISIONS > § 14-5-3 - Right of state to withdraw franchise when charter granted since January 1, 1863

§ 14-5-3 - Right of state to withdraw franchise when charter granted since January 1, 1863

O.C.G.A. 14-5-3 (2010)
14-5-3. Right of state to withdraw franchise when charter granted since January 1, 1863


In all cases of private charters granted to corporations since January 1, 1863, the state reserves the right to withdraw the franchise unless such right is expressly negatived in the charter.