Foreign Corporations
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Statutes
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. (Ga. Code Ann., § 14-2-1502)
Cases
"A foreign corporation that is authorized to transact business in Georgia may sue or be sued to the same extent as a domestic corporation.McCall v. Cooper Tire & Rubber Company, 355 Ga. App. 273, 843 S.E.2d 925 (2020);
If a foreign corporation does not extend its business into Georgia on a continuous basis or does not engage in a number of repeated transactions of like nature within the state, the foreign corporation will not be required to register as a foreign corporation before it may maintain suit within the state. Reisman v. Matori, Meyer, Hendricks, &; Victor, 155 Ga. App. 551, 271 S.E.2d 685 (1980)"
If a foreign corporation does not extend its business into Georgia on a continuous basis or does not engage in a number of repeated transactions of like nature within the state, the foreign corporation will not be required to register as a foreign corporation before it may maintain suit within the state. Reisman v. Matori, Meyer, Hendricks, &; Victor, 155 Ga. App. 551, 271 S.E.2d 685 (1980)"
Comments
A foreign corporation that has not obtained a certificate of authority within 30 calendar days after the first day in which it transacts business in Georgia will be liable for a civil penalty under Section 14-2-122. O.C.G.A. § 14-2-1502.
Contributors
Brittany S. Ogden
The statutory information was edited and reviewed with the support of MultiState
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