HB 278

Abstract

A BILL to be entitled an Act to amend Chapter 2 of Title 14 of the Official Code of Georgia Annotated, relating to business corporations, so as to provide for benefit corporations; to provide for the application of the Georgia Business Corporation Code; to provide for definitions; to provide for naming; to provide for stock certificates; to provide for amendments and transactions; to provide for duties and limitations of liability of directors of benefit corporations; to provide for annual public benefit reports; to change the definition of a foreign corporation; to change provisions relating to the right to dissent; to change provisions relating to the corporate name of a foreign corporation; to provide for related matters; to repeal conflicting laws; and for other purposes.