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Corporate Finance Under The Georgia Business Corporation Code Of 1968, Pasco M. Bowman Ii Sep 1968

Corporate Finance Under The Georgia Business Corporation Code Of 1968, Pasco M. Bowman Ii

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This Article will review the financial provisions of the new Georgia Business Corporation Code (B.C.C.), which will become effective April 1, 1969. On that date, the Code will automatically apply to virtually all existing domestic business corporations, other than banks, trust companies, railroads, and the several other types of corporations which obtain their charters from the Secretary of State. Existing domestic insurance companies will be subject to the B.C.C. to the same extent as they are now subject to the present general corporation law. The financial provisions of the B.C.C. are found primarily in Chapter 22.5, entitled "Corporate Finance." Key …