O.C.G.A.

O.C.G.A. § 50-26-6 (2019)

Limitation on liability

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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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.

History

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

Annotations

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.