§ 14-11-100. Short Title
This chapter shall be known and may be cited as the “Georgia Limited Liability Company Act.” History. Code 1981, § 14-11-100 , enacted by Ga. L. 1993, p. 123, § 1; Ga. L. 2017, p. 774, § 14/HB 323. The 2017 amendment, effective May 9, 2017, part of an Act to revise, modernize, and correct […]
§ 14-11-101. Definitions
As used in this chapter, unless the context otherwise requires, the term: “Articles of organization” means the articles filed under Code Section 14-11-203 and such articles as amended or restated. “Business entity” means a limited liability company, a foreign limited liability company, a limited partnership, a foreign limited partnership, a general partnership, a corporation, or […]
§ 14-11-102. Evidence of Filing
A certificate attached to a copy of a document or electronic transmission filed by the Secretary of State, bearing his or her signature, which may be in facsimile, and the printed or embossed seal of this state, or its electronic equivalent, is prima-facie evidence that the original document has been filed with the Secretary of […]
§ 14-11-201. Purpose
A limited liability company may be formed under this chapter for any lawful purpose. If the purpose for which a limited liability company is formed makes it subject to a special provision of law, the limited liability company shall also comply with that provision. A limited liability company formed under this chapter has, unless a […]
§ 14-9A-120. Renewal or Continuance of Partnership
Every renewal or continuance of a limited partnership beyond the time fixed for its duration shall be certified, acknowledged, and recorded; an affidavit of a general partner shall be made and filed; notice shall be given in the manner required in this article for its original formation; and every such partnership which shall be otherwise […]
§ 14-10-6. Professional Services to Be Rendered Only by Licensed Officers, Employees, and Agents; “Employee” Defined
A professional association may render professional service only through officers, employees, and agents who are themselves duly licensed or otherwise legally authorized to render professional service within this state. The term “employee” as used in this Code section does not include clerks, bookkeepers, technicians, nurses, or other individuals who are not usually and ordinarily considered […]
§ 14-9A-121. Dissolution — Effect of Changes in Firm Name, Capital, or Death of Partner
Except as provided in this Code section, every change made in the firm name of the general partners, in the nature of the business, or in the capital or shares thereof contributed, held, or owned or to be contributed, held, or owned by any of the special partners, or the death of any partner, whether […]
§ 14-9A-122. Dissolution — by Acts of Partners; Notice Required
No dissolution of a limited partnership by the acts of the partners shall take place prior to the time specified in the original certificate or the certificate of renewal until a notice of such intended dissolution, signed by all the partners or their representatives, has been filed and recorded in the clerk’s office in which […]
§ 14-9A-123. Powers of General and Special Partners
Only the general partners shall be authorized to transact business, sign for the partnership, and bind the partnership. A special partner may at any time examine the conditions and progress of the partnership concerns, advise as to the management of the same, and, when the general partner or partners may be rendered incompetent to act […]
§ 14-9A-124. Repayment of Contribution of Special Partner Prohibited; Payment of Interest and Profits to Special Partner
No part of the sum which any special partner shall have contributed to the capital stock shall be withdrawn by him or paid or transferred to him in the shape of dividends, profits, or otherwise at any time during the continuance of the partnership, but any partner may annually receive lawful interest on the sum […]