Georgia Act definition

Georgia Act means the Georgia Limited Liability Company Act at O.C.G.A §14-11- 100, Confidential 2017
Georgia Act has the meaning set forth in the Recitals.
Georgia Act. The Georgia Limited Liability Company Act (O.C.G.A. §00-00-000, et seg.), as may be amended from time to time.

Examples of Georgia Act in a sentence

  • The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Georgia Act and to engage in any and all necessary or incidental activities.

  • The Company was formed on [DATE], 2023, pursuant to the provisions of the Georgia Act, upon the filing of the Articles with the Secretary of State of the State of Georgia.

  • To the extent that the rights, powers, duties, obligations, and liabilities of any Member are different because of any provision of this Agreement than they would be under the Georgia Act in the absence of such provision, this Agreement shall control, to the extent permitted by the Georgia Act.

  • Except as otherwise required by the Georgia Act, the debts, obligations, and liabilities of the Company, whether arising in contract, tort, or otherwise, shall be solely the debts, obligations, and liabilities of the Company, and no Member shall be personally liable for any such debt, obligation, or liability of the Company solely by reason of being or acting as a member or participating in the management of the Company.

  • The Company shall have all the powers necessary or convenient to carry out the purposes for which it is organized, including the powers granted by the Georgia Act.


More Definitions of Georgia Act

Georgia Act means the Georgia Limited Liability Company Act, O.C.G.A. 10-00-000, et. seq., as amended from time to time.
Georgia Act shall have the meaning ascribed to it in Section 10.1 hereof.
Georgia Act means the Georgia Securities Act of 1973, as amended.
Georgia Act. The Georgia Limited Liability Company Act at O.C.G.A. § 00-00-000, et seq.
Georgia Act. As defined in Section 2.03(b)(lxxxi) hereof.
Georgia Act. The Georgia Limited Liability Company Act at O.C.G.A. § 00-00-000, et seq. “Initial Capital Contribution.” The initial contribution to the capital of the Company made by a Member pursuant to this Operating Agreement.
Georgia Act means Section 00-00-000 et seq. of the Georgia Business Corporation Code, as amended.