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Statutes > Georgia Statutes > TITLE 7 - BANKING AND FINANCE > CHAPTER 1 - FINANCIAL INSTITUTIONS > ARTICLE 12 - SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS

ARTICLE 12 - SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS

  • § 7-1-940 - Definitions
  • § 7-1-941 - Creation of corporations; contents of articles of incorporation; subscription and acknowledgment
  • § 7-1-942 - Approval of articles by department
  • § 7-1-943 - Standards for approval of articles by department; timing
  • § 7-1-944 - Filing departmental approval with Secretary of State
  • § 7-1-945 - Corporate powers
  • § 7-1-946 - Bond and stock holding authority; member loans to corporation not discriminatory
  • § 7-1-947 - Application for membership; requirements for loans to corporation; member loan limits
  • § 7-1-948 - Duration of membership; withdrawal
  • § 7-1-949 - Powers of shareholders and members
  • § 7-1-950 - Amendment of articles
  • § 7-1-951 - Board of directors; officers and agents
  • § 7-1-952 - Setting apart net earnings; fiscal year
  • § 7-1-953 - Deposit of corporate funds
  • § 7-1-954 - Departmental power over corporations
  • § 7-1-955 - First meeting
  • § 7-1-956 - Duration of corporation; dissolution
  • § 7-1-957 - State indebtedness not to be created
  • § 7-1-958 - Tax exemptions, credits, and privileges; occupational license taxes




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