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2018 Georgia Code 50-26-6 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 50-26-6 Case Law from Google Scholar Amendments to OCGA 50-26-6

TITLE 50 STATE GOVERNMENT

Section 26. Housing and Finance Authority, 50-26-1 through 50-26-22.

ARTICLE 2 DIVISION OF ENERGY RESOURCES

50-26-6. Limitation on liability.

Neither the members of the authority nor any officer or employee of the authority acting in behalf thereof, while acting within the scope of his or her authority, is subject to any liability resulting from:

  1. The construction, ownership, maintenance, or operation of any project financed with the assistance of the authority; or
  2. Carrying out any of the powers given in this chapter.

(Code 1981, §50-26-6, enacted by Ga. L. 1991, p. 1653, § 1-2.)

OPINIONS OF THE ATTORNEY GENERAL

Board members protected from liability.

- Within certain parameters and with diligent, good faith supervision of the enterprise, a member of the board of directors acting within the scope of his or her authority in carrying out the authority's stated powers may rely upon O.C.G.A. § 50-26-6 for protection from imposition of personal liability. 1995 Op. Att'y Gen. No. 95-40.

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