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CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS Business Corporations; Nonprofit Corporations; Revised Uniform Limited Partnership Act; Limited Liability Companies: Provide that Certain Documents Filed with the Secretary of State May Be Signed by an Attorney in Fact; Provide that Certain Documents May Be Filed Electronically with the Secretary of State; Provide that a Shareholder May by Means of Electronic Transmission Appoint a Proxy Vote for Himself or Herself; Provide that a Parent Corporation May Merge Itself into a Subsidiary Corporation

By Brian Leslie

Abstract

The Act provides that certain electronic media should be acceptable methods of processing procedural business documents. These electronic media include any means of processing communication that do not directly involve the physical transfer of paper documents from one entity to another. The Act enables the electronic filing of shareholder proxies and other documents with the Secretary of State. The Act encompasses business corporations, nonprofit corporations, limited partnerships, and limited liability corporations. In addition, the Act allows a parent corporation to merge into a subsidiary and updates several definitions, including what constitutes a beneficial owner and a foreign corporation

Topics: Peach Sheet, O.C.G.A. 14-2-120, O.C.G.A. 14-2-127, O.C.G.A. 14-2-140, O.C.G.A. 14-2-202, O.C.G.A. 14-2-501, O.C.G.A. 14-2-722, O.C.G.A. 14-2-1006.1, O.C.G.A. 14-2-1104, O.C.G.A. 14-2-1110, O.C.G.A. 14-2-1131, O.C.G.A. 14-2-1302, O.C.G.A. 14-2-1501, O.C.G.A. 14-2-1622, O.C.G.A. 14-3-120, O.C.G.A. 14-3-122, O.C.G.A. 14-3-140, O.C.G.A. 14-3-202, O.C.G.A. 14-3-501, O.C.G.A. 14-3-1005.1, O.C.G.A. 14-3-1622, O.C.G.A. 14-9-101, O.C.G.A. 14-9-104, O.C.G.A. 14-9-109, O.C.G.A. 14-9-202, O.C.G.A. 14-9-206, O.C.G.A. 14-9-206.3, O.C.G.A. 14-9-906, O.C.G.A. 14-9-1101, O.C.G.A. 14-11-101, O.C.G.A. 14-11-102, O.C.G.A. 14-11-206, O.C.G.A. 14-11-209, O.C.G.A. 14-11-603, O.C.G.A. 14-11-610, O.C.G.A. 14-11-1101, Electronic Media, Physical Transfer, Law
Publisher: Reading Room
Year: 1999
OAI identifier: oai:readingroom.law.gsu.edu:gsulr-1753

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