Georgia Statutes

§ 14-3-864 — Effect of court approval of transaction

Georgia § 14-3-864

This text of Georgia § 14-3-864 (Effect of court approval of transaction) 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. § 14-3-864 (2026).

Text

In a case involving a charitable corporation, a transaction that was not the subject of either directors' action under Code Section 14-3-862 or members' action under Code Section 14-3-863 is effective for purposes of paragraph (3) of subsection (b) of Code Section 14-3-861 if the transaction is approved by the superior court, in an action in which the Attorney General is joined as a party.

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Legislative History

Amended by 2024 Ga. Laws 701,§ 6, eff. 7/1/2024. Amended by 2023 Ga. Laws 260,§ 1-1, eff. 7/1/2023.

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Bluebook (online)
Georgia § 14-3-864, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/14-3-864.