Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 3. NONPROFIT CORPORATIONS · Article 6. MEMBERSHIP · Part 2. RIGHTS AND LIABILITIES OF MEMBERS

14-3-611. Limitation on members’ liability.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 14-3-611, 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.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-pdf.pdf, Volume V12, 2017 edition, 2025 supplement, page 78; merge action: replaced; file SHA-256 b004123363dc.