The Act clarifies how service companies are required to report net income attributable to Georgia. Service companies must allocate their income based on a three-factor formula, which is a similar method to that which nonservice companies have been required to use. The Act allows a service company to petition the
The Act provides for the fingerprinting of juveniles charged with violent crimes. The Act allows public access to juvenile proceedings and records involving certain felonies and allegations of delinquency. The Act also prohibits the sealing of any juvenile records which involve a public proceeding. Further, the Act requires that victims
The Act gives the Institute of Continuing Education of Georgia, in cooperation with the Council of Juvenile Court Judges, the authority to establish seminars for all judges exercising juvenile court jurisdiction. The Act allows the Council to give Juvenile court judges credit for attending seminars outside the state or to
The Act allows for formation of limited liability partnerships in Georgia. A partner in a limited liability partnership will not be derivatively liable for the acts or omissions of a partner or the acts or omissions of the limited liability partnership. The Act requires a partnership that desires limited liability
The Act grants authority to the Director of the Environmental Protection Division of the Department of Natural Resources to impose either effluent limitations or best management practices for erosion and sedimentation control in general water pollution discharge permits. Additionally, the Act requires, as a minimum, that rules and regulations governing
The Act amends many provisions in the Code regarding the regulation of financial institutions. The Act clarifies Georgia banking law as it applies to local representative offices of out-of-state banks. The Act defines certain terms and changes the restrictions imposed upon the Commissioner of Banking and Finance Department examiners in
