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Section 14-3-1502 - Transacting business without certificate of authority — Georgia Law | CourtGPT
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  4. Title 14 - Corporations, Partnerships, and Associations/
  5. Chapter 3 - Nonprofit Corporations/
  6. Article 15 - Foreign Corporations/
  7. Part 1 - Certificate of Authority/
  8. Section 14-3-1502 - Transacting business without certificate of authority
Georgia Legal Code

Section 14-3-1502 - Transacting business without certificate of authority

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(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.