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Georgia General Assembly > Legislation
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2001-2002 Regular Session - SB 11
Business Development Corporations; powers; commercial, residential, historical properties
Sponsored By
First Reader Summary
A bill to amend Article 6 of Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to business development corporations, so as to change the powers of business development corporations; to delete a prohibition against incurring secondary liability; to clarify that powers relate to commercial, residential, and historical real property; to clarify that business development corporations are authorized to acquire real estate for the purpose of constructing residential buildings, industrial plants, industrial parks, or business establishments, to dispose of real estate to others for such purpose.
Status History
Jul/01/2001 - Effective Date
Apr/27/2001 - Act 298
Apr/27/2001 - Senate Date Signed by Governor
Apr/05/2001 - Senate Sent to Governor
Mar/21/2001 - House Passed/Adopted
Mar/21/2001 - House Third Readers
Mar/14/2001 - House Committee Favorably Reported
Mar/08/2001 - House Second Readers
Mar/07/2001 - House First Readers
Mar/06/2001 - Senate Passed/Adopted As Amended
Mar/06/2001 - Senate Third Read
Mar/02/2001 - Senate Read Second Time
Mar/01/2001 - Senate Committee Favorably Reported
Jan/09/2001 - Senate Read and Referred
Jan/08/2001 - Senate Proposed First Readers
Past Versions