{"data":{"id":"us-ga/o.c.g.a.-14-2-1405","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-1405","heading":"Effect of notice of intent to dissolve.","body":"A corporation that has filed a notice of intent to dissolve continues its corporate existence but may not carry on any business except that appropriate to wind up and liquidate its business and affairs, including:\n(1) Collecting its assets;\n(2) Disposing of its properties that will not be distributed in kind to its shareholders;\n(3) Discharging or making provision for discharging its liabilities;\n(4) Distributing its remaining property among its shareholders according to their interests; and\n(5) Doing every other act necessary to wind up and liquidate its business and affairs.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 14 Dissolution","PART 1 Voluntary Dissolution"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.14.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"9b9418d62d9c7dc1ed9cedc0062663546a1f8ca4cd955e187353c04b9a5402a9","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-1404","next":"us-ga/o.c.g.a.-14-2-1406"},"notice":"GroundRules: Original legal text. Not legal advice."}