GEORGIA STATUTES AND CODES
§ 14-2-926 - Limited liability
O.C.G.A. 14-2-926 (2010)
14-2-926. Limited liability
The failure of a statutory close corporation to observe the usual corporate formalities or requirements relating to the exercise of its corporate powers or management of its business and affairs is not a ground for imposing personal liability on the shareholders for liabilities of the corporation.
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