Compilation of Rules and Regulations of the State of Georgia
Department 590 - RULES OF OFFICE OF SECRETARY OF STATE
Chapter 590-7 - COMMISSIONER OF CORPORATIONS
Subject 590-7-7 - CORPORATIONS - DISSOLUTIONS, REVOCATIONS AND WITHDRAWALS
Rule 590-7-7-.03 - Foreign Corporations
Current through Rules and Regulations filed through March 20, 2024
(1) Withdrawal.
(2) Revocation. The Commissioner, as Secretary of State, may initiate revocation proceedings for either profit or nonprofit foreign corporations if he or she finds that grounds for revocation exist as stated in the Code. If the Commissioner determines that one or more grounds for revocation exists, he or she shall notify the foreign corporation of such determination in writing by mailing a copy of the notice, by first class mail, to the foreign corporation at the last known address of its principal office or to its registered agent. If the foreign corporation does not correct each ground for revocation or does not reasonably demonstrate that each ground does not exist within sixty (60) days after notice is provided, a certificate of revocation citing the grounds for revocation will be issued.
O.C.G.A. §§ 14-2-130, 14-3-130, 14-5-23.