GroundRules
O.C.G.A. § 46-8-52: Exemption of property of stockholders from debts or liabilities of corporation.
Where this section sits in the code
- TITLE 46 Public Utilities and Public Transportation
- CHAPTER 8 Railroad Companies
- Article 3 Incorporation and Consolidation of Railroad Companies and Requirements as to Directors and Officers
- PART 1 Incorporation, Organization, Subscription of Capital Stock, Selection of Officers and Directors
All property, whether real or personal, of any stockholder in this state shall be exempt from the debts or liabilities of a railroad corporation, provided that this exemption shall not operate as to the amount of the unpaid subscription of the stockholder to the capital stock of the corporation.
Collected 2026-09-17T19:34:57Z. Source file · JSON