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GA HB87

GA HB87
Corporations, partnerships, and associations; multiple-year registrations for certain types of business organizations; provide


summary

Introduced
01/23/2017
In Committee
03/15/2017
Crossed Over
02/28/2017
Passed
04/05/2017
Dead
Signed/Enacted/Adopted
05/01/2017

Introduced Session

2017-2018 Regular Session

Bill Summary

A BILL to be entitled an Act to amend Title 14 of the Official Code of Georgia Annotated, relating to corporations, partnerships, and associations, so as to provide for multiple-year registrations for certain types of business organizations; to provide for the adoption of rules and regulations by the Secretary of State as necessary to implement such a multiple-year registration process; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill allows the Georgia Secretary of State to provide for annual business registrations to be valid for up to three years, rather than the current one-year requirement. The Secretary of State is authorized to adopt rules and regulations to implement this multiple-year registration process for various types of business organizations, including corporations, partnerships, and associations. The bill also establishes a process for foreign corporations to become domestic Georgia corporations.

Sponsors (7)

Last Action

Effective Date (on 07/01/2017)

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