{"data":{"id":"us-ga/o.c.g.a.-14-3-1406","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-3-1406","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 in accordance with the plan of dissolution;\n(3) Discharging or making provision for discharging its liabilities;\n(4) Distributing its remaining property among its members in accordance with the plan of dissolution; 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 3 Nonprofit 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":"e5573e4a92e581a10eafcc65956b3a9f42e97522cddd2d956657b9d469f42f6d","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-3-1405","next":"us-ga/o.c.g.a.-14-3-1407"},"notice":"GroundRules: Original legal text. Not legal advice."}