§ 46-3-464. Filing of Application for Withdrawal; Issuance of Certificate of Withdrawal; Time of Cessation of Authority to Transact Business

1. The application for withdrawal shall be delivered to the Secretary of State for filing as provided in Code Section 46-3-174. Upon filing the application, the Secretary of State shall issue and deliver to the foreign electric cooperative or its representative a certificate of withdrawal.
2. Upon the issuance of such certificate of withdrawal, the authority of the foreign electric cooperative to transact business in this state shall cease.

History. Code 1933, § 34C-1715, enacted by Ga. L. 1981, p. 1587, § 1.