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Section 46-8-52 - Exemption of property of stockholders from debts or liabilities of corporation — Georgia Law | CourtGPT
  1. Home/
  2. Laws/
  3. Georgia/
  4. Title 46 - Public Utilities and Public Transportation/
  5. Chapter 8 - Railroad Companies/
  6. Article 3 - Incorporation and Consolidation of Railroad Companies and Requirements As to Directors and Officers/
  7. Part 1 - Incorporation, Organization, Subscription of Capital Stock, Selection of Officers and Directors/
  8. Section 46-8-52 - Exemption of property of stockholders from debts or liabilities of corporation
Georgia Legal Code

Section 46-8-52 - Exemption of property of stockholders from debts or liabilities of corporation

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All property, whether real or personal, of any stockholder in this state shall be exempt from the debts or liabilities of a railroad corporation, provided that this exemption shall not operate as to the amount of the unpaid subscription of the stockholder to the capital stock of the corporation.