Georgia Statutes

§ 46-3-435 — Discontinuance of liquidation proceedings

Georgia § 46-3-435

This text of Georgia § 46-3-435 (Discontinuance of liquidation proceedings) 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. § 46-3-435 (2026).

Text

The liquidation of the assets and business of an electric membership corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In such event, the court shall dismiss the proceedings and direct the receiver to redeliver to the electric membership corporation all of its remaining property and assets.

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Bluebook (online)
Georgia § 46-3-435, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/46-3-435.