One Click Case Law for § 7-1-948
O.C.G.A. § 7-1-947 <-- --> O.C.G.A. §7-1-949

2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 1 - FINANCIAL INSTITUTIONS
ARTICLE 12 - SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS
§ 7-1-948 - Duration of membership; withdrawal

O.C.G.A. 7-1-948 (2010)
7-1-948. Duration of membership; withdrawal


(a) Membership in the corporation shall be for the duration of the corporation, provided that, upon written notice given to the corporation two years in advance, a member may withdraw from membership in the corporation at the expiration of such notice.

(b) A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to notice of the intended withdrawal of said member.