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Georgia State Code
Title      14
Chapter       3  
Section Navigation   101 ... 127       128 ... 202   
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Section<<< 1431 1432 1433 1440 1501 1502 1503 1504 1505 1506 >>>  
Title 14, Chapter 3, Section 1502 (14-3-1502)

(a) A foreign corporation transacting business in this state without a certificate of authority may not maintain a proceeding in any court in this state until it obtains a certificate of authority.

(b) The successor to a foreign corporation that transacted business in this state without a certificate of authority and the assignee of a cause of action arising out of that business may not maintain a proceeding based on that cause of action in any court in this state unless before the commencement of the proceeding the foreign corporation or its successor obtains a certificate of authority.

(c) Notwithstanding subsections (a) and (b) of this Code section, the failure of a foreign corporation to obtain a certificate of authority does not impair the validity of its corporate acts or prevent it from defending any proceeding in this state.

Friday August 29 14:11 CDT


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