SB148 - Nonprofit Corporations; comprehensively revise, simplify, and modernize said chapter
John F. Kennedy, Brian Strickland, Steve Gooch
Last updated over 1 year ago
11 Co-Sponsors
A BILL to be entitled an Act to amend Chapter 3 of Title 14 of the O.C.G.A., relating to nonprofit corporations, so as to comprehensively revise, simplify, and modernize said chapter; to provide for construction of said chapter; to provide definitions that clarify, shorten, and simplify the chapter and allow corporations flexibility in their articles and bylaws;to amend Code Section 8-2-42 of the O.C.G.A., relating to bribery of property or association managers regarding claims for damages arising out of construction defects prohibited and procedure for bringing action to remedy construction defects, to amend Code Section 14-5-40 of the O.C.G.A., relating to applicability of Chapter 3 of Title 14, so as to conform a cross-reference; to provide for related matters; to repeal conflicting laws; and for other purposes.
STATUS
Passed