---
title: O.C.G.A. § 14-3-1621. Report to members of indemnification or advance of expenses.
collection: code
id: 14-3-1621
cite_as: O.C.G.A. § 14-3-1621 (2025)
canonical_url: https://georgiacommons.org/code/14-3-1621
md_url: https://georgiacommons.org/code/14-3-1621.md
text_url: https://georgiacommons.org/code/14-3-1621/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-pdf.pdf?sfvrsn=82868bd8_0#page=218
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-3.md
previous: https://georgiacommons.org/code/14-3-1620.md
next: https://georgiacommons.org/code/14-3-1622.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / NONPROFIT CORPORATIONS / RECORDS AND REPORTS / REPORTS
---

# O.C.G.A. § 14-3-1621. Report to members of indemnification or advance of expenses.

If a corporation indemnifies or advances expenses to a director under Code Section 14-3-851, 14-3-852, 14-3-853, or 14-3-854 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.

## History

Code 1981, § 14-3-1621, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

## Editor's Notes

Ga. L. 2023, p. 419, § 1-1/SB 148, reenacted this Code section without change.