Georgia Statutes
§ 14-3-1301 — Dividends and distributions prohibited
Georgia § 14-3-1301
JurisdictionGeorgia
Title14
This text of Georgia § 14-3-1301 (Dividends and distributions prohibited) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 14-3-1301 (2026).
Text
Except as provided in Code Section 14-3-1302 and Article 14 of this chapter, a corporation shall not pay dividends to or make distributions of any part of its assets, income, or profits to its members, directors, or officers.
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Legislative History
Amended by 2023 Ga. Laws 260,§ 1-1, eff. 7/1/2023.
Nearby Sections
15
§ 14-10-1
Short title§ 14-10-10
Ownership§ 14-10-17
Actions by or against associations§ 14-10-2
Definitions§ 14-10-3
Persons entitled to form association; purpose; limitation to one type of professional service§ 14-10-4
FormationCite This Page — Counsel Stack
Bluebook (online)
Georgia § 14-3-1301, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/14-3-1301.