§ 14-5-41 - Validity of contracts and deposits; enforcement
O.C.G.A. 14-5-41 (2010)
14-5-41. Validity of contracts and deposits; enforcement
All contracts made with any nonprofit corporation referred to in Code Section 14-5-40, all deposits for its account, and all conveyances of title to or by it shall be legal and valid. All such contracts may be enforced in the same manner and in the same way as if such nonprofit corporation referred to in Code Section 14-5-40 were a private individual.