Legal Terminology

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Definitions for "insolvent" in Georgia State Code
1. (14-2-1201) Title 14, Chapter 2, Section 1201 (a) As used in this Code section, the term "insolvent" means: 2. (46-3-171) Title 46, Chapter 3, Section 171 (6) "Insolvent" means that an electric membership corporation is unable to pay its debts as they become due in the usual course of its business or that it has liabilities in excess of assets.

Monday September 8 07:34 CDT

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