§ 1-2-1 - Classes of persons generally; corporations deemed artificial persons; nature of corporations generally - Georgia Statutes

O.C.G.A. 1-2-1 (2010)
1-2-1. Classes of persons generally; corporations deemed artificial persons; nature of corporations generally

(a) There are two classes of persons: natural and artificial.

(b) Corporations are artificial persons. They are creatures of the law and, except insofar as the law forbids it, they are subject to be changed, modified, or destroyed at the will of their creator.